Monday, December 02, 2013

Seven companies in fray to overhaul IAF jets

Nagpur: The Tatas may have pulled out of the race to enter the banking business, but the group, along with six other corporate houses, is vying to bag the Indian Air Force's (IAF) contract to overhaul its Russian fighter and transport aircraft.
Others who have shown interest in the contract include Max Aerospace and Taneja Aviation, according to a senior IAF source.
Facing recurring problems with the original equipment manufacturers abroad, the IAF now plans to hand over a part of the work for extending the life of its Mig-29 and AN-32 aircraft to domestic companies. The request for information was floated around two months ago, to which these seven business houses responded, the source said. Confirming this, Air Marshal P Kanakraj said the process is being managed by IAF's maintenance command at Nagpur. Kanakraj is air-officer-commanding-in-chief of maintenance command; he added that this was the first such venture.
02/12/13 Shishir Arya/Times of India
To Read the News in full at Source, Click the Headline