Tag: Life Cycle Cost

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.

Navy looking for more helicopters

The Indian Navy has issued a Request For Information for a second batch of Multi-Role Helicopters, even with the existing tender process for 16 helicopters still under way. Unlike the earlier tender, the new RFI is also taking Life Cycle Cost into consideration as part of the assessment process.