India To Sign Shinmaywa US-2 Aircraft Deal This Week: Japanese Media

  • Our Bureau
  • 01:23 PM, November 7, 2016
  • 3952
India To Sign Shinmaywa US-2 Aircraft Deal This Week: Japanese Media
India To Sign Shinmaywa US-2 Aircraft Deal This Week: Japanese Media

India will approve purchase of 12 US-2 Amphibious Search and Rescue aircraft worth $1.5 billion-$1.6 billion on Monday, a Japanese daily reported Sunday.

The Defence Ministry will approve the purchase of Shinmaywa US-2 aircraft at a Defense Acquisitions Council meeting scheduled for Monday, Japanese newspaper Nikkei reported, citing unnamed senior ministry officials.

The deal will be included in a memorandum of understanding to be signed during Prime Minister Narendra Modi's visit to Japan from Thursday to Saturday, the Nikkei said, citing the officials.

Japan and India have been holding talks on the purchase for more than two years. Negotiations were revived in September, as various media outlets reported that Japan was considering reducing the price as much as possible for the aircraft deal with India.

Also Read

Japan Offers 10 Percent Price Concession For Indian US-2 Aircraft Deal

October 21, 2016 @ 01:28 PM

Bureaucratic Headwinds Spook Shinmaywa US-2 Aircraft Procurement in India

March 30, 2016 @ 12:41 PM

Is Indo-Japanese US-2 Amphibious Aircraft Deal In Limbo?

February 29, 2016 @ 09:52 AM

Japanese Firm Wants To Set Up Plant In India for US-2 Amphibious...

February 2, 2016 @ 09:01 AM

India, Japan Set To Finalize US-2 Amphibious Aircraft Sale

May 27, 2013 @ 12:01 PM

No Competition In Amphibious Aircraft Competition, Says US-2 Manufacturer

February 8, 2013 @ 10:11 AM

India, Japan To Finalize $1.3B Amphibious Aircraft Deal During Shinzo Abe’s Visit...

September 12, 2017 @ 07:19 AM

ShinMaywa Looking At Parts Manufacture, MRO of US-2i Amphibious Aircraft In India...

July 13, 2017 @ 12:54 PM

India Clears US$2 Billion Worth Deal To Procure 464 Russian T-90 tanks

November 8, 2016 @ 01:08 PM

India clears US$7.5 Billion Worth Proposal For 83 Tejas Aircraft

November 8, 2016 @ 12:11 PM

Japan’s First X-2 Stealth Fighter Jet To Be Tested This Month

November 7, 2016 @ 01:50 PM
FEATURES/INTERVIEWS