Indian navy's procurement of the 16 multi-role naval helicopters from Sikorsky could be delayed following a restart of negotiations with the US company.
The negotiations have restarted after the American company demanded for a price escalation to which the Indian MOD had refused, defence minister Manohar Parrikar told Indian parliament on Friday.
In a written reply to Lok Sabha, Defence Minister Manohar Parrikar said the procurement proposal for the helicopters is being processed in accordance with the Defence Procurement procedure.
Further, the request for price escalation was not found acceptable by the Contract Negotiation Committee (CNC). "The vendor has been informed accordingly," he said.
Defence officials said that fresh rounds of negotiations have started and it has been made clear that the price cannot be escalated.
Sikorsky Aircraft Corp has won a contract from the US to provide UH-60M helicopter to Jordan. The company announced Thursday that the work will be performed in Stratford, Connecticut with an estimated completion date of Dec
Sikorsky Aircraft announced Friday that it has delivered six CH-148 Cyclone helicopters to the Canadian government during an acceptance celebration. The six helicopters represent the first of 28 Cyclone aircraft that Sikorsky will deliver to the Canadian Armed Forces to perform a full range of anti-submarine and anti-surface warfare, search and rescue, and utility missions in various environments
Apprehending hindrances to competition and innovation, the US department of defense has emphasized on opposing future deals similar to Lockheed Martins acquisition of Sikorsky. Pentagon procurement Chief Frank Kendall was quoted as saying by Reuters Wednesday that the Defense Department would not dispute Lockheeds $9 billion agreement to purchase Sikorsky, but said “it still gives rise to significant policy concerns
The Indian Defense Ministry has signed 18 international contracts worth INR 29,222 Crore (US $20.1 billion) between May 2014 and February 2015
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