‘Effectively Dead’: Media Speculate On India’s Purchase Of $20Bn French Rafale Jets – 17 February 2015

RT logoThree years of negotiations between France’s Dassault and the contract negotiation committee of the India’s Defense Ministry on the purchase of 126 Rafale fighter jets may be about to collapse. Sources mostly blame the exorbitant price.

According to Business Standard, citing an anonymous source at the CNC, Dassault’s proposal turned out to be much more expensive than presented in the commercial bid, making it far from being the cheapest one, as announced on January 31, 2012.

If true, the reaction of India’s military is expected to deliver a hard blow to Dassault. The order has already decreased from 310 to 180 due to budget cuts.

Read the full story at: www.rt.com / link to original article

Comments are closed.