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Sunday, May 20, 2007

Eurocopter Close To Clinching Mega Indian Army Order

India is expected to hold final negotiations with European consortium Eurocopter to acquire 197 helicopters for the army in a deal estimated to be worth close to 600 million dollars, a news report said Sunday.

Eurocopter, a subsidiary of the European Aeronautic, Defence and Space (EADS) company, is scheduled to hold talks with officials of India's Defence Ministry soon on the final price for the helicopters, PTI news agency reported.

Eurocopter plans to supply 60 helicopters off the shelf from its plant in France to be inducted into the Army Aviation Corps for surveillance, medium transport and casualty evacuation, defence sources were quoted as saying.

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