Wednesday, February 08, 2012

BAE Systems looking at cutting Eurofighter Typhoon's price

London: Cutting the price of the Eurofighter Typhoon is among the options that would be considered by the four-nation consortium to re-enter the bid for India's $10-billion fighter jet contract, British defence contractor BAE Systems has said.
“All options” including cutting the price of the fighter jet were being considered, BAE Chief Executive, Mr Ian King, told the Financial Times on Tuesday. “I will be discussing with our partners what we do next.” A spokesperson for Eurofighter declined to comment on his remarks.
Mr King's comments are the latest evidence that from the Eurofighter consortium's perspective, the competition is far from over.
The decision to pick Dassault Aviation as the preferred bidder for the Medium Multi-Role Combat Aircraft (MMRCA) tender has caused much upset in Britain, where a Eurofighter victory had all but been taken for granted (the reaction in other consortium countries has been more muted). While Dassault Aviation has come close to deals with a number of countries from the United Arab Emirates to South Korea and Switzerland, it is as yet to sell a single Rafale abroad.
07/02/12 Vidya Ram/Business Line
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