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Friday, February 11, 2011

IAF hopes to sign Mirage upgrade deal by March

Mirage 2000 (IAF)The IAF on Thursday said it was hoping to sign the long-stuck $2.1 billion deal to upgrade around 50 Mirage 2000s with France by March this year.

The deal was stuck over price and legal issues. “The negotiations have been concluded and report has been submitted to the Defence Ministry.

We are trying to conclude this deal by end of this fiscal,” Air Chief Marshal P V Naik told a press conference here.

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