Brahmand NewsPrevious Article
Brahmand NewsNext Article
Headlines
  • IAF always cautious and alert says Air Chief Marshal Dhanoa:-As tensions continue between India and Pakistan over the abrogation of special status to Jammu and Kashmir, Air Chief Marshal B S Dhanoa has said the Indian Air Force (IAF) is "always cautious and alert" to check any untoward aerial movement on the border....
  • Chandrayaan-2 placed in Lunar orbit, focus now on soft-landing:- India's Chandrayaan-2 mission, aimed at soft landing a rover in the unexplored south pole of the Moon, achieved a major milestone as the ISRO successfully injected the spacecraft into the lunar orbit on Tuesday. ...
  • Chandrayaan 2 successfully enters orbit around Moon:-In a major milestone for India's Moon mission, the Chandrayaan-2 spacecraft successfully entered the lunar orbit on Tuesday. Lunar Orbit Insertion (LOI) maneuver was completed successfully at 0902 hours as planned, using the onboard propulsion system, the Bengaluru headquartered space agency said in a statement....
  • Pak Army chief Gen Bajwa gets three-year extension:-Pakistan Army chief General Qamar Javed Bajwa's term has been extended for another three years by Prime Minister Imran Khan in view of the "regional security environment", an official announcement said on Monday....

India, US C-17 aircraft deal delayed over price issue

Line Spacing+- AFont Size+- Print This Article

C-17 aircraft.

NEW DELHI (PTI): The biggest-ever Indo-US defence deal expected to be worth USD 4.1 billion for procuring 10 C-17 heavy-lift transport aircraft has been delayed over price issue.

The deal was earlier scheduled to be cleared by the Cabinet Committee on Security (CCS) in its meeting in March-end but now will be put up for clearance only after the US answers queries on whether India was being charged more price for the aircraft than other countries, Defence Ministry sources said here.

The per unit cost being charged from India by the US for the C-17 is USD 410 million whereas it is sold to Australia at a price of USD 300 million per aircraft.

After certain representations were made to the Ministry that the aircraft were being sold to India at comparatively higher price, the deal was put on hold and it would be come up before the CCS only after the US government answers Indian government's queries, the sources said.

The aircraft is being purchased through Foreign Military Sales (FMS) route by India under which the sale agreement is signed between the two governments.

The defence ministry had already approved funds for procuring the aircraft in the last fiscal, they said.

The US Congress had notified the sale of the C-17s to India at USD 5.8 billion representing the highest possible estimate for the deal which includes all potential services offered.

India is planning to procure the aircraft for augmenting its fleet of Ilyushin-76 aircraft and Antonov-32 transport aircraft from the US.

The negotiations between India and the US for the deal were completed in February this year.

After finalising the initial deal for ten aircraft, the Indian Air Force (IAF) is also planning to place orders for additional six aircraft.

Till date, the biggest defence deal between the two sides is for the procurement of eight P-8I maritime surveillance aircraft for the Indian Navy at USD 2.1 billion.

Since 2005, the US companies have bagged defence deals worth around USD four billion and are participating in all the major tenders issued by Indian armed forces for defence purchases.

Tags:

Line Spacing+- AFont Size+- Print Article

Other Related News

Chandrayaan-2 leaves earth's orbit, moving towards moon

India's second moon mission 'Chandrayaan-2' left the earth's orbit early on Wednesday, 23 days after being launched, and is moving towards the moon following the successful completion of a crucial manoeuvre by the Indian Space Research Organisation (ISRO). The Chandrayaan-2 spacecraft is expected to reach the moon's orbit on August 20 and land on lunar surface on September 7.

Upcoming Defence Exhibitions

BRAHMOS Missile Systems

Headlines

Brahmand World Defence Update 2019

Image Gallery