The delayed approval for the acquisition of the M-777 ULH means that India will have to bear a much higher price because of the weaker rupee.
The new order for two of the Indian Navy’s four HDW Type-209 submarines is expected to cost an estimated USD 200 million and the planned purchase currently awaits the Indian govt’s approval of the US Letter of Offer and Acceptance (LOA).
The 37 percent escalation by a margin of roughly INR 1,200 crore for the US government offer to India for 145 M-777 light weight howitzers comes into effect on Tuesday, along with the imminent closure of the assembly line for the artillery.
The Indian defense ministry has till October to take the US government offer for the purchase of 145 light weight howitzers at the price of USD 694 million, after which the increased price of USD 885 million will come into play.
The defense ministry has issued a Letter of Request to the US Government for the procurement of 145 pieces of M777 light howitzers, manufactured by BAE Systems.
Charles Burke, Director of Business Development for Boeing’s Global Strike Rotorcraft said at the Dubai Air Show held last week, “Well, we’ve heard from the Indian government that the Apache’s the last man standing.”
The US offer of information on the F-35 to India in a report made to the country’s Senate Armed Services Committee comes curiously on the eve of the opening of the commercial bids of the IAF’s MMRCA competition.
US Pentagon: “Should India indicate interest in the JSF, the United States would be prepared to provide information on the JSF and its requirements (infrastructure, security, etc.) to support India’s future planning.” Also read inside: Reality Check: US F-35 offer report
US defense and aerospace company Boeing is to start building the the air-to-surface Harpoon missiles ordered by the Indian Air Force (IAF) for their Jaguar maritime patrol aircraft.
The Indian Air Force (IAF) is looking for 22 attack helicopters through a tender, where Boeing’s Apache is up against the Russian Mi-28, and in the event the former is selected, some components of the aircraft will have to be purchased through an FMS.