India will soon launch a much-anticipated process for a massive fighter-jet buy, according to local media reports.
This week, India’s Financial Express reported that the Ministry of Defense has ordered the Indian Air Force to publish a request for information for one hundred fighter jets before a defense manufacturing exhibition, Defexpo, starts on April 11. Global defense firms have been anxiously waiting for the bidding process to begin, as the contract is expected to come in at around $15 billion.
It was anticipated that the RFI would be for a single-engine plane for the Indian Air Force. With that in mind, Saab has been promoting its Gripen E, while Lockheed Martin has touted its F-16. These companies had doubted that a RFI would come this soon. Back in February, Dean Rosenfield, Saab’s head for the Asia Pacific, told Reuters: “Hopefully we get an RFI this year. More than likely, 2019. But it really is dependent on the customer and what they do with the election there as well.” Read More