Tag: Eurofighter

IAF officer fired for bribery

Wing Commander Alok Kumar Thakur was convicted by court martial for allegedly accepting bribes from the representative of French aircraft manufacturer Dassault in a reported sting during the Bangalore Air Show in 2011.

Rafale wins MMRCA: The Cost

A cost escalation of 50 percent (INR 63,000 crore, in this case) or more, requires approval again from the Ministry of Finance, before the Defense Acquisitions Council (DAC) can proceed with it. With the cost of the tender for India safely ranging from INR 83,000 crore to 1,25,000 crore, the revision of the estimated expenditure on the MMRCA would require the approval of the finance ministry.

Pricey time to open MMRCA quotes

Assuming both surviving vendors, the four-nation Eurofighter consortium and France’s Dassault, had managed to match the budget of INR 42,000 crore in their own currency when they submitted their bids, today that amount would escalate to over INR 50,000 crore.

MMRCA quotes ready to be opened

The commercial bids of the two surviving contenders in the Indian Air Force (IAF) tender for 126 Medium Multi Role Combat Aircraft (MMRCA) are ready to be opened, according to the defense ministry.