31 October 2012

News Story: American Boeing wins IAF heavy-lift chopper deal

Australian Chinook in Afghanistan (Click to Enlarge)

NEW DELHI (PTI): US defence major Boeing has won the deal to supply 15 heavy-lift helicopters to the Indian Air Force defeating its rival Russian Mi-26 in the tender expected to be worth around USD one billion.

The Chinook CH47D has emerged as the lowest bidder in the tender and would be offered the deal to supply 15 of these helicopters to the IAF, Defence Ministry officials said here.

The Ministry will now hold commercial negotiations with the US firm to determine the price and finalise the procurement.

According to Indian defence procurement procedures, the firm emerging as the lowest bidder in the contract and fulfilling all the requirements of the tender is awarded the contract.

Read the full story at Brahmand