Quote:
Originally Posted by kams
...There is no bidding, partners have been identified, HAL, IRKUT, Ilushian Design Bureau., formal agreement will be signed during President Putin's visit to India in January 2007. The total no. of airframes to be procured are much higher, and $300 million are being allocated from each side for the project.
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You mean the IAF will have no choice? They will have it forced down their throats whether it meets their needs or not? They will not submit a tender?
Sounds like another LCA deal. Hang on to your wallet.
Interesting that the estimate of the development cost has doubled to $600 Million though...