NEW DELHI: The Indian Air Force (IAF) on Tuesday floated a global tender for 126 combat jets worth $10 billion in the country's biggest ever defence deal, but it could be six years before the first planes start arriving.
Eighteen of the medium multi-role combat aircraft (MMRCA) will be purchased in flyaway condition and the remaining 108 manufactured in the country under a transfer of technology (TOT) agreement with the chosen supplier. The aircraft are envisaged to have a lifecycle of 40 years from the time of delivery.
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Tuesday, August 28, 2007
Indian Air Force floats tender for 126 fighter jets
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