15 Jul '17, 2pm

Ministry of Defence to speed up Fighter Jets acquisition

Ministry of Defence to speed up Fighter Jets acquisition

Competition between the Swedish Gripen E and American F-16 is likely to heat up soon with the Ministry of Defence planning to expedite the acquisition of warplanes for the Indian Air Force under a $25-billion deal to buy 200 aircraft. “The government is now planning to expedite the procurement of fighter jets as the Indian Air Force is facing a precarious situation,” a top official told BusinessLine requesting anonymity. The decision to expedite the procurement process has been taken after India’s security situation has come under serious threat, especially under present circumstances when it is facing almost a month-long military standoff with China, according to the official. In October last, , the Indian Air Force had floated a request for information (RFI) to leading aerospace players globally to come up with their offers. Subsequently, the Defence Ministry narrowed do...

Full article: http://www.defencenews.in/article.aspx?id=263211

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