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Tuesday, May 20, 2014

Dassault Eyes $15bn Rafale India Deal

Dassault RafaleDassault Aviation expects to sign a deal to sell Rafale combat jets to India by the end of the year following the election of business-friendly candidate Narendra Modi as the nation's new prime minister, said chief executive Eric Trappier.

A contract could see a bulk of the 126 fighters assembled in India, Asia's third-largest economy.

The Indian military establishment had earlier deferred the plan to buy the 126 fighters, a deal estimated to be worth $15bn (£8.91bn, €10.93bn), until the 2014/15 financial year owing to budget constraints.

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1 comment:

  1. michael20/5/14 11:27

    Dassault are desperate to get this deal signed and delivered. It is now well over two years since Rafale was chosen,and it's been delay,after delay over who builds what etc.
    Also remember that when in opposition Modi actually complained about the life cycle costing of the aircraft. So will he wish to go over all the details again, causing even more delay. ?

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