30 Dec '16, 3am

India Clears First Payment for Rafale Fighter Jets to France

India Clears First Payment for Rafale Fighter Jets to France

India has cleared the first payment of 15 per cent to seal the deal for 36 Rafale combat aircraft with the French Government. Sources told India Strategic that the instalment was cleared recently, and as per the contract, the French Government will deliver the first few aircraft within three years, that is sometime in 2019. India has though requested France to speed the delivery to the extent possible. Industry sources in Paris also said that aircraft manufacturer Dassault had started working with its partners well in advance towards the Indian requirement, particularly as the Indian Air Force had asked for some specific modifications. Dassault leads the consortium with Safran and Thales doing the engines and electronic systems and suites. In fact, the latter two have higher share each than Dasssault which designs, integrates and markets combat and civil aircraft.

Full article: http://www.defencenews.in/article.aspx?id=239710

Tweets

"France opens the world’s first highway paved with solar panels" See https://t.co/zuAhrPbKcI

"France opens the world’s first highway paved w...

electronicproducts.com 29 Dec '16, 3pm

2,800 square meters of photovoltaic cells hope to power French village's streetlights It’s said that it’s folly to judge t...

Meet Tumblebit: The Unlinkable Payment Hub

Meet Tumblebit: The Unlinkable Payment Hub

news.bitcoin.com 30 Dec '16, 12am

There are lots of development projects in the bitcoin space. One of them may help the cryptocurrency’s fungibility signifi...

World’s First Solar Road Opens in France: https://t.co/mnXo01Tmpu

World’s First Solar Road Opens in France: https...

care2.com 03 Jan '17, 5am

A small village in France is now home to the world’s first solar road, aka Wattway . French Ecology Minister Ségolène Roya...