114 Rafale deal likely by FY-end; French firm agrees to integrate Indian weapons: Def secy - The Times of India
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NEW DELHI: In good news for the Indian Air Force, defence secretary Rajesh Kumar Singh said on Thursday that the govt is planning to conclude the contract for 114 Rafale jets by the end of this financial year and the govt is looking for a higher level of integration of Indian armaments in such 4-5-generation fighter jets.
Confirming that bids submitted under the request for proposal (RFP) stage are undergoing formal assessment, the defence secretary said, “We should be able to reach some conclusion in that procurement cycle before the end of this year.”