Dassault Aviation has said that it may decrease production of the Rafale aircraft if the deal to sell 36 aircraft to India does not materialize this year.
“The ball is not in my court, ball is in hands of the Indian authorities”, Eric Trappier, CEO of Dassault Aviation was quoted as saying at the EBACE business aircraft show in Geneva yesterday.
This is perhaps the first pessimistic statement from the Dassault CEO who has all along been upbeat about the prospects of securing the 36 aircraft Indian deal despite the delay in arriving at a contract.
The Dassault CEO was answering questions from media representatives as to the delay in signing the Indian contract. Ouest-france.fr which quoted Trappier also paraphrased his quote stating that the manufacturer may slowly decrease production of the Rafale to return to a monthly rate of one per month.
However, Indian Defense minister Manohar Parrikar was quoted as saying by Indian Express during the course of an interview, referring to the rafale deal, “Probably we are close to a final position, which may happen anytime soon.”
Dassault has two international orders on hand, one from Egypt and another from Qatar for 24 aircraft each, an order it expects to fulfil in 3-4 years. For this it has ramped production to two per month.
In another development, Early last month, for reasons that are not clear, former director general defense acquisition Smita Nagaraj was involuntarily placed on leave over differences with MoD leaders over Rafale negotiations, Defense News reported.
Dassault’s latest offer to sell 36 rafale fighter jets to India is $8.56 billion. The price is a cut from the earlier price of $8.8 billion France offered in April last week.
“The effort is to bring down the price to less than Euros 8 billion (US $8.94 billion),” Economic Times quoted unnamed sources as saying.
The Indian indigenous Light Combat Aircraft Tejas is as capable of the French Dassault Rafale, Indian Defense Minister said Saturday. “Our Tejas is having the same qualities as Rafale does
France has offered to sell 36 rafale fighter jets to India for nothing less than $8.56 billion
The Indo-French government-to-government deal for the purchase of 36 Rafale fighters is not done yet, the government is negotiating to reduce the price and ‘save a lot of money, Indian defense minister said Friday. Indian Defense Minister, Manohar Parrikar said in the Lower House during the calling attention motion over the controversial AgustaWestland VVIP chopper deal said, “"We will reduce the deal value and we will save a lot
French aircraft manufacturer, Dassault is hoping that a forthcoming signing of a contract with India to sell 36 Rafale aircraft would boost its revenue for the financial year 2016. Dassault published on July 21, interim results for the first six months of 2016
France has “greatly” lowered the price of the Rafale fighter jet for India and all requirements (concerning technical, financial and offsets) have been met, CEO of Dassault Aviation, Eric Trappier said today. In an interview to French publication Les Echos, Trappier said that we (meaning the French government which is negotiating the government-to-government deal) are ready to enter at any time (to sign the contract) since the ball in the camp of the Indian government
India is planning to conclude the multi-billion dollar contract to procure 36 Rafale fighter aircraft from France by next month. "There is no reason why it should not be concluded in June
The interceptor missile tests carried out on May 15 was a failure despite claims by Indian Defense Research and Development Organization (DRDO) as a success. According to a report by
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