India to invite bids for fighter jet deal
Published: Mon Nov 21st, 2005Source: economictimes.indiatimes.com
BANGALORE: India will soon invite bids from four global defence majors, including Lockheed Martin of the US and Russia's MiG corporation, for its programme to buy 126 combat jets worth about $5 billion, the air force chief said on Monday. "Though the firms have sent details in response to our request for information (RFI), we have not sent the request for proposals (RPFs) yet. We will send them (RFPs) within a month," told Air Chief Marshal S P Tyagi.
The firms in the race for the lucrative deal are Lockheed Martin (with its F-16 jet), MiG RAC of Russia (MiG-29M2), Dassault Aviation of France (Mirage 2000-5) and Gripen of Sweden.
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