24 November 2014

News Story: India Invites Bids for $2.4 Billion Artillery Contract


NEW DELHI — India on Saturday invited bids for a $2.4-billion artillery deal while deferring a decision on acquiring 106 Swiss Pilatus aircraft for fighter pilot training.

The bid for 814 mounted guns is the first big artillery tender in nearly three decades since the scandal-hit Swedish Bofors guns deal in 1987.

The Defence Acquisition Council, which clears high-value military procurements, issued the tender after holding its first meeting under new Defence Minister Manohar Parrikar.

The high-value bid comes as India seeks to replace its old 105mm light field guns with a mix of towed, mounted and wheeled artillery.

"The minister took stock and stressed on fast and transparent acquisitions," a source in the defense ministry told AFP.

Read the full story at DefenseNews