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Tuesday, September 04, 2012

Detail lies in hidden costs

Rafale |Rafale may have won the contest for the supply of Medium Multi-Role Combat Aircraft to India, but there's a strong possibility that we will end up paying far, far more than the bid amount.

It appears that Rafale had quoted an unrealistically low amount to win the contract.

After Rafale won India’s Multi-Role Fighter aircraft contest in February this year and the deadline given to its manufactures Dassault to submit the final documents expired last week, one would think that having no international orders since its first flight 21 years back, Dassault would have bent over backwards and produced the required documentation in time.

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