Friday, February 11, 2011

India to start talks on $12 billion fighter jet order

(AFP)

8 hours ago
BANGALORE, India — India said Thursday it would begin crucial contract negotiations in the next fortnight for an estimated $12 billion order for 126 fighter jets.The announcement came a day after Indian Defence Minister A.K. Antony said the long-delayed contract to modernise India's decades-old aircraft fleet would be handed out during the next fiscal year starting April 1."The contract negotiation committee will begin discussions in a week or two," Indian Airforce

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