IAI Emerges as Lowest Bidder for Indian Army's Radar Program
Ami Rojkes Dombe
| 04/04/2017
http://www.iai.co.il/2013/34481-41073-en/Groups_ELTA_EltaNumber_Products-ELM.aspx
Israel Aerospace Industries on Friday emerged as the lowest bidder against Thales of France for the Indian Army's $500 million procurement program of 66 new-generation 3-D surveillance and tracking radars, which will replace aging Flycatcher radar systems.
However, the signing of the contract with IAI will take time because the Indian Ministry of Defense will continue to pursue an even cheaper option for the program. As per tender norms, IAI will discharge 30 percent of the contract value as offsets to Indian companies.
[Source: defencenews.in]
Ami Rojkes Dombe
| 04/04/2017
http://www.iai.co.il/2013/34481-41073-en/Groups_ELTA_EltaNumber_Products-ELM.aspx
Israel Aerospace Industries on Friday emerged as the lowest bidder against Thales of France for the Indian Army's $500 million procurement program of 66 new-generation 3-D surveillance and tracking radars, which will replace aging Flycatcher radar systems.
However, the signing of the contract with IAI will take time because the Indian Ministry of Defense will continue to pursue an even cheaper option for the program. As per tender norms, IAI will discharge 30 percent of the contract value as offsets to Indian companies.
[Source: defencenews.in]
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