12 February 2012

News Story: Rafale Price Undercuts Eurofighter by 25 Percent


NEW DELHI — India’s selection of Dassault Aviation as the preferred bidder for a 126-fighter jet deal was largely based on a price tag 25 percent cheaper than the French firm’s Eurofighter rival, a report said Feb. 10.

The Times of India quoted a defense ministry source as saying the Eurofighter consortium bid with its Typhoon jet would have cost $5 billion more than Dassault’s Rafale fighter.

“The French Rafale jet ... beat the Typhoon hollow both in terms of lifecycle costs and direct acquisition costs,” the source said, adding that the ministry of defense had consequently ruled out “any comeback” for the Typhoon bid.

Read the full story at DefenseNews