Indian Ministry of Defense announced Rafale as a winner of Indias biggest ever contract for providing 126 multirole conbat aircraft.
The French firm was
declared as the lowest bidder, according to which it will get the
contract under India's defence procurement procedure, sources said.
"The French firm Dassault
Rafale has emerged as the L-1 (lowest bidder) and cheaper than its
european rival EADS (maker of Eurofighter) in the tender and will be
offered to supply the aircraft to the IAF," the source said.
They said the representatives of Dassault here were informed about the development in the morning and further negotiations on price will be held with them in the next 10-15 days.
The contract will be signed only in the next fiscal. According to the Request for Proposal (RFP), the winner of the contract will have to supply 18 of the 126 aircraft to the IAF in 36 months from its facilities and the remaining would be produced at HAL facilities in Bangalore.
Six companies including American F-16 and F-18, Russian MiG 35, Swedish Saab Gripen alongwith Eurofighter and Dassault Rafale were in the race in the beginning.
They said the representatives of Dassault here were informed about the development in the morning and further negotiations on price will be held with them in the next 10-15 days.
The contract will be signed only in the next fiscal. According to the Request for Proposal (RFP), the winner of the contract will have to supply 18 of the 126 aircraft to the IAF in 36 months from its facilities and the remaining would be produced at HAL facilities in Bangalore.
Six companies including American F-16 and F-18, Russian MiG 35, Swedish Saab Gripen alongwith Eurofighter and Dassault Rafale were in the race in the beginning.
Will keep you all updated on the same.
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