dna exclusive: Amid blacklisting process, Agusta firm gets torpedo deal

Within weeks of the defence ministry cancelling the Rs3,600 crore deal with AgustaWestland to procure 12 VVIP choppers, it has quietly gone ahead and cleared another multi-million dollar deal with Finmeccanica, Agusta’s parent company, for the procurement of 98 torpedoes for the navy.

So, was this deal done because all the processes for the torpedo deal were declared as ‘clean’ by various committees? Or was it done despite the fact that Augusta Westland could soon find itself blacklisted?

Once blacklisted all companies in the group including the parent company, in this case Finmeccanica, also face the axe.

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