Friday, April 29, 2011

Jet mega deal: Why US firms lost out

New Delhi: The Pentagon has expressed disappointment at India's decision to exclude two American companies Boeing and Lockheed Martin from its multi-billion fighter jet purchase order.
Both Boeing and Lockheed Martin were aggressively bidding for the anticipated $11 billion deal for at least 126 fighter aircraft.
The French Rafale and Eurofighter won over US contenders - the F-16 Super Viper and the F/A-18 Super Hornet. The Defence Ministry shortlisted Eurofighter Typhoon and Dassault Rafale from among six competitors participating in the billion dollar tender to provide the Air Force Medium Multirole Combat Aircraft.
Dassault and Eurofighter are the only participants asked to extend the validity of their commercial bids and have been called to the Defence Ministry today.
Defence sources told NDTV that the US planes did not perform up to expectations during flight trials in the extreme temperatures of Rajasthan and Ladakh.
29/04/11 NDTV.com
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