Defence min scrambles to ink deal on VVIP helicopter purchase as Budget draws closer
Updated: Saturday, Jan 23, 2010 at 0136 hrs IST
New Delhi: Defence ministry is scrambling to sign a deal to purchase Italian Augusta Westland VVIP helicopter before the Budget is presented. According to sources, “It is keen to utilise the Budget allocation rather than surrender it.”
The defence ministry short listed Finmeccanica’s helicopter division, Augusta Westland, as it emerged the frontrunner in a multi-million contract to supply 12 AW-101 VVIP helicopter for the Indian Air Force (IAF). Worth Rs 3, 726 crore (Rs 310 crore each), the helicopter would be used by the President and the Prime Minister. Cabinet Committee on Security, too, gave its clearance early December after finance ministry gave the purchase a go ahead.
India: EH101s to replace Mi-17s in VIP-role
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India: EH101s to replace Mi-17s in VIP-role
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Re: India: EH101s to replace Mi-17s in VIP-role
Now concluded and announced by the manufacturer...
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