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In major news, France has submitted it's latest best and final offer for the 26 Rafale M/D fighters for the Indian Navy.
After hectic negotiations, price was reduced after the DCS clearance to remove the clauses to integrate Uttam AESA radar and integrate Astra BVRAAMs on the Indian Navy's Rafales.
They have agreed to use a yearly escalation methodology, using the 36 Rafale deal for the IAF as the baseline to calculate how much the Rafale M/Ds should cost.
Ahead of NSA visit, France submits final price offer for 26 Rafale Marine jet deal
France submits final price offer for 26 Rafale Marine Jet deal to India
France has submitted the final price offer to India for the 26 Rafale Marine Jet deal just ahead of the scheduled visit of Indian National Security Advisor Ajit Doval to the country | OpIndia News
www.opindia.com