NEW DELHI: IAF chief Air Chief Marshal A P Singh has reached France for a four-day visit to give a push to the Rafale deal even as the defence ministry has issued a Letter of Request (LoR) to the European country for the procurement of 114 multirole 4.5-generation fighter jets in a deal estimated to be worth around Rs 3.25 lakh crore. During his visit, the IAF chief will meet with senior officers in the French military and is also expected to hold talks with executives of Rafale manufacturer Dassault Aviation and visit the Dassault facility. He is also likely to meet with executives of missile manufacturer MBDA. “The LoR was issued last week by the acquisition wing of the defence ministry to French officials,” a source told TOI. The LOR is a formal govt-to-govt document used to initiate major defence acquisitions under international frameworks. PM Modi is expected to visit France around mid-June, and the Rafale deal is expected to come up in his talks. France is likely to reply to India’s LoR in two to three months. The final contract, likely by year-end, will be signed after final price negotiations and CCS approval. Under the proposed deal, 90-94 of the 114 jets are planned to be manufactured in India through a partnership between Dassault Aviation and an Indian firm. The remaining aircraft are expected to be delivered in fly-away condition.
Trending
- Supeme Court to Mahua: Freedom fighters faced bullets, you fear eggs | India News
- ‘Heated Rivalry’ season 2: Charlie Gillespie and Justice Smith join the cast of the hit series |
- Thai teen kills 7 in rampage at home & school
- ‘Jana Nayagan’ box office collections day 16: Thalapathy Vijay’s film earns Rs 1.18 crore; 26.2% drop from day 15 | Tamil Movie News
- Supreme Court dismisses Bofors appeal, 4-decade-old case closed | India News
- ‘Paper agreement will not bring security’: Iranian lawmaker attacks Saudi-Turkey-Pakistan pact
- ‘GDN’ box office collections day 1: R. Madhavan film earns Rs 59 lakh gross; Tamil version dominates opening day | Telugu Movie News
- Aeshwarya Raj Singh is RLD’s new UP chief | Lucknow News
