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Really sir hope its not a false alarm this timeMMRCA commercial bids to be out after the DAC meeting of Oct 7th
Interesting, these developments are very much India-centric- BAE HAWK now made in India, job cuts to reduce price of EFT to make it more competitive with Rafele for MMRCA.
Really sir hope its not a false alarm this time
I'm afraid not even that would help any of those fighters you supported mate.Lets hope the bids expire...
Jha ji... you always hope this i knowLets hope the bids expire...
The future of India’s contract for 126 medium multi-role combat aircraft (MMRCA) hinges on the decisions that would be taken at the Defence Acquisition Council (DAC) meeting to be held on on October 7.
An officer told FE on condition of anonymity: “At the DAC meeting, the offset proposals of the two shortlisted contenders will be discussed. Depending on the decisions taken and relaxations made in the proposal concerned, the commercial bids for the $10.4-billion deal will be opened on October 10.”
Also among the issues to be discussed at the DAC would be the effect of falling value of the rupee on the deal, and price optimisation. If the deal has to be executed this year, with the falling rupee, there could be a considerable cost escalation even at current prices.
^^^
But Brazil has already said that they won't be purchasing this year.