DTN News - INDIA DEFENSE NEWS: Dogfight Over MMRCA....NSI News Source Info # 1921(NSI News Source Info) TORONTO, Canada / NEW DELHI, India - May 8, 2011:
The second and final bidding stage—commercial negotiations—of the $10.4 billion, 126 medium multi-role combat aircraft (MMRCA) tender floated by the Indian Ministry of Defence (MoD) for the Indian Air Force in 2007 has selected two European products (Eurofighter Typhoon and Rafale). This entails the exit of two American (F-16 and FA-18), one European (JAS-39 Gripen) and one Russian (MiG-35) system from the race.
The selected vendors have been forwarded bid extension letters. The commercial bidding process will be carried out with simultaneous negotiations on offset obligations and Transfer of Technology (ToT) conditions. Others have been given explanations through official communications for their rejection. Procedural provisions will now go through a rigorous commercial negotiations process under the Contract Negotiation Committee (CNC), and with the approval of Competent Financial Authority (CFA), the contract would be finally announced. Contract administration and post-contract management would follow thereafter.
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