Saturday, May 03, 2008

Global Giants Bid For $12 Billion Indian Fighter Aircraft Deal

Global aviation giants on Monday submitted bids to sell 126 warplanes to India -- the world's richest fighter aircraft deal worth $12 billion, the companies said.

Six aeronautical companies from Russia, the United States and Europe offered their proposals to the Indian defense ministry well before an official deadline ended at 0630 GMT, they said.

US-based Lockheed Martin (LMT), which is pushing F-16s, said its proposals ran over 10,000 pages, while European Aeronautic Defence and Space Company (5730.FR) , offering its Typhoon Eurofighter, sent 7,000 pages to the ministry.

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