Sunday, August 9, 2009

Race Begins Next Week for $12B India Warjet Deal


From The Defense News:


NEW DELHI - India will start fighter jet trials next week as the world's six top aerospace giants vie for a $12 billion military contract, an official said Aug. 7.

The trials for what will be the world's most lucrative fighter contract in more than a decade will begin in Bangalore, India's space research and aeronautical industry hub.

The assessment is due to continue for almost a year before New Delhi makes its choice from the six companies, the officials said.

Read more ....

My Comment:
Doing business with Indians has been some of the most difficult negotiations in my life .... and it was never worth my time. My prediction .... 6 aerospace firms will be experiencing the same thing this year.

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