13 December 2013

News story: (Indian) Combat aircraft deal - Def Min likely to review tender process


NEW DELHI (PTI): Against the backdrop of objections raised over it, the Indian Defence Ministry is expected to review the process to determine the lowest bidder in the multi-billion dollar deal for procuring 126 combat aircraft after completing negotiations with French Dassault Aviation.

Senior leader Yashwant Sinha had questioned the Defence Ministry's move to have "life cycle cost" clause in tenders for military hardware.

The Defence Ministry is expected to review the process of determining the lowest bidder in the multi-billion dollar deal after the conclusion of commercial negotiations, sources said here.

India had last year selected Rafale aircraft of France after a five-year process after eliminating five other contenders in the race.

Read the full story at Brahmand