08 August 2012

News Story: Indian Navy's $1 bln chopper tender to be delayed further

NH90 NFH

NEW DELHI (PTI): A more than six year-old tender of the Indian Navy to procure multirole helicopters would be further delayed as the two participating vendors in the deal have been asked to extend the validity of their proposals for six more months.

This is the second time in the last one year that the Defence Ministry has asked the American Sikorsky and European NH Industries to extend the validity of their proposals for the tender expected to be worth over $1 billion for buying 16 choppers.

"We have been asked by the Defence Ministry to extend the validity of our proposal for the tender," Sikorsky India head AVM (retd) A J S Walia told PTI here.

Defence ministry sources confirmed the development but refused to elaborate.

Read the full story at Brahmand