Indian defense ministry is likely to decide on the sole Airbus-Tata joint bid to replace Indian Air Force’s (IAF) fleet of 56 Avro aircraft fleet with C-295 military transport carrier in the coming week.
Defense ministry sources said the next meetings of the defense acquisition council (DAC) would deliberate on the bid worth multi crore rupees. Though the meeting was scheduled to be held on February 9, it has been delayed by a few more days.
In May 2013, the Ministry had issued a Request For Proposals (RFP) to original equipment manufacturers including US firms Boeing and Lockheed Martin, European multinational Airbus Defence and Space, and Antonov of Ukraine among others.
They were required to tie-up with an Indian private company under which 40 aircraft will be produced here while 16 will be bought off-the-shelf.
However, only a single bidder — Airbus Defence and Space and Tata Advanced Systems Ltd (TASL) consortium — had bid for the proposal in October last year.
Under the current defense procurement policy, single vendor situation is not entertained unless cleared by the DAC.
A decision to this effect was expected to be taken by the Ministry in November last but was delayed as defense minister Manohar Parrikar had sought more information.
The defense sources said a decision could be taken soon. One of the options, besides selecting the consortium, is to go in for re-tendering in which the Indian companies become the main player rather than the foreign ones.
Yemeni Houthis Target World's Largest Oil Processing Facility in Saudi With 10
Indian Army to get Indigenous T-72, T-90 Tank Ammo
We’ll Buy Patriots if They Equal S-400 Capabilities: Erdogan
Indian Bharat Electronics to Supply IAF with $754 M Worth Akash Missiles
Israel to Modernise Ukrainian MiG-29 Jets for $440M
MiG-35 Shows Off New AESA Radar at MAKS 2019
Su-57’s Technology predecessor, the Su-47 ‘Berkut’ Displayed at MAKS 2019
Russia Unveils its Biggest Ever Drone to Compete with US Global Hawk
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...