The $12 billion dollar fighter jet deal for 126 fighters has witnessed fierce competition between defense giants such as Boeing and Lockheed Martin of the United States, Sweden's Saab AB and the Russian makers of the MiG 35. The long-delayed contract includes the outright purchase of 18 combat aircraft by 2012 with another 108 to be built in India.
India has rejected bids from Boeing and fellow U.S. firm Lockheed Martin, and instead short listed European firms Dassault's Rafale and the Eurofighter Typhoon. According to information they have been requested to extend their commercial bids.
Boeing Co said on 28th April that it was disappointed by India's rejection of its bid for a $11 billion fighter jet deal, adding that it would mull its options after reviewing details.
No comments:
Post a Comment