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Post Tagged with: "MMRCA"
Impossible to Set Time Frame for MMRCA Deal: Antony
Union Defence Minister A K Antony on Monday said it was not possible to set a time frame for signing the much-awaited deal for the Medium Multi Role Combat Aircraft (MMRCA) with French company Dassault Aviation. The contract, said to be worth nearly Rs 1 lakh crore, is still at the negotiation stage, a year-and-a-half [...]
India, France Agree On $6 Billion Missile Deal
India and France on Thursday concluded negotiations on the Short Range Surface to Air Missile nearly worth of $6 billion during the talks between French President Francois Hollande and Prime Minister Manmohan Singh, who also said talks on $10-billion deal for Rafale fighter aircraft are “progressing well”. After comprehensive talks, the leaders said views were [...]
MMRCA Deal Likely By April: IAF Chief
The purchase deal for 126 Medium Multi-Role Combat Aircraft (MMRCA) fighter planes should be signed by April 2013, Air Chief Marshal N. A. K. Browne, Chief of Air Staff, said. “Negotiations are on. We should be able to finish [the contract] this financial year. It is a complex process. We are discussing offsets, transfer of [...]
Rafale MMRCA Deal: Last Minute Glitches?
Media reports recently surfaced stating that the Indian Air Force’s (IAF’s) Medium Multi-Role Combat Aircraft (MMRCA) deal, which had zeroed in on the French Dassault Rafale as the fighter of choice leading to commencement of exclusive negotiations with Dassault for finalizing the contract, is far from final. These reports have been attributed to parties that [...]
Indian Budget 2012-13: Aerospace and Defense Highlights
The Indian Defense Budget allocation for 2012-13 is INR 1,93,407.00 Crore (USD 37.58 Billion), which will cater to needs of the Armed Forces (Army, Navy and Air Force) and other associated defense departments, such as the Defense Research and Development Organization (DRDO) and Defense Ordnance Factories. This allocation includes expenditure on land, housing and accommodation. [...]
India’s Antony Talks Tough, Says Will Cancel ‘Murky’ Deals
India will not hesitate for a moment to cancel any defence deal, even if it’s in the final stages of finalization after technical and commercial evaluations, if any malpractice or corruption is found in it. With murky wheeling and dealing in arms deals again resurfacing after Army chief General V K Singh’s allegations as well [...]
First MMRCA Squadron to Be Inducted Soon
The first squadron of Medium-Multi Role Combat Aircraft (MMRCA) consisting of 18 aircraft is expected to be inducted into the IAF within three to four years of signing of the contract with its supplier. In reply to a question on delivery of MMRCA, Defence Minister A K Antony told Lok Sabha today, “First squadron of [...]
India sure to buy French Rafale jets: Indian Air Force
India will not veer from its decision to award a 12-billion-dollar contract to France for Rafale fighter planes, the Indian Air Force chief of staff said in an interview published online. “We have a procedure as per the defense procurement policy that stipulates the contract goes to the lowest bidder,” Marshal Norman Anil Kumar Browne [...]
HAL prepares to manufacture Rafale combat jet in India
State-run Hindustan Aeronautics Limited (HAL) is getting ready to progressively manufacture the Dassault Rafale combat jet that has apparently been chosen by the Indian Air Force (IAF) for its $10.4 billion order for 126 planes. HAL officiating Chairman and Managing Director P.V. Deshmukh told India Strategic defence magazine that the company had already earmarked its [...]
