You are here: Home » PTI Stories » National » News

India, France ink deal for 36 Rafale fighter jets

and France today signed the Euro 7.87-billion (Rs 59,000 crore approx) deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the greater "potency" over arch rival Pakistan.

The Inter Governmental Agreement was signed by Defence Minister and his visiting French counterpart Jean Yves Le Drian 16-months after Prime Minister Modi announced India's plans to buy 36 Rafale fighter aircraft in fly away condition during his trip to France.

The contracts for the deal was also signed earlier today. The 'vanila price' (just the aircraft alone) will cost about 91 million Euros each for a single seater and about 94 million Euros for a two seater trainer aircraft.

"Pleased to inform that has signed an agreement for procurement of 36 Rafale aircraft with weapon systems, five years complete spares and maintenance, performance based logistics, specific special provisions. This is an achievement which will give the the required potency in terms of penetration and capability," Parrikar told reporters at the South Block.

The deal, first fighter plane contract in 20 years, comes with a saving of nearly 750 million Euros, gained through hard negotiations by the Indian side, over the one struck during the previous UPA government, which was scrapped by the Modi government, besides a 50 per cent offset clause.

The 50 per cent offset clause means that Indian businesses, both big and small, will gain work to the tune of over three billion Euros.

These combat aircraft, delivery of which will start in 36 months and will be completed in 66 months from the date the contract is inked, comes equipped with state-of-the-art missiles weaponry that will give a capability that had been sorely missing in its arsenal.

The features that make the Rafale a strategic weapon in the hands of include its Beyond Visual Range (BVR) Meteor air-to-air missile with a range in excess of 150 km.

Its integration on the Rafale jets will mean can hit targets inside both and across the northern and eastern borders while staying within India's territorial boundary.

at present has only a BVR with 80 km range. During the Kargil war, had used a BVR of 50 km range while had none.

However, later acquired 80-km-range BVR, but now with 'Meteor', the balance of power in the air space has again tilted in India's favour.

'Scalp', a long-range air-to-ground cruise missile with a range in excess of 300 km, also gives an edge over its adversaries. Both missiles have a 2 metres precision which means that a target can be hit with high precision.

Defence Ministry sources said the Rafale, which has a range of 780 to 1055 km, depending on mission role, as compared to 400-450 of the Su30, will be better than what even the French uses as it will have numerous specific additions.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22
Business Standard

India, France ink deal for 36 Rafale fighter jets

Press Trust of India  |  New Delhi 

and France today signed the Euro 7.87-billion (Rs 59,000 crore approx) deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the greater "potency" over arch rival Pakistan.

The Inter Governmental Agreement was signed by Defence Minister and his visiting French counterpart Jean Yves Le Drian 16-months after Prime Minister Modi announced India's plans to buy 36 Rafale fighter aircraft in fly away condition during his trip to France.



The contracts for the deal was also signed earlier today. The 'vanila price' (just the aircraft alone) will cost about 91 million Euros each for a single seater and about 94 million Euros for a two seater trainer aircraft.

"Pleased to inform that has signed an agreement for procurement of 36 Rafale aircraft with weapon systems, five years complete spares and maintenance, performance based logistics, specific special provisions. This is an achievement which will give the the required potency in terms of penetration and capability," Parrikar told reporters at the South Block.

The deal, first fighter plane contract in 20 years, comes with a saving of nearly 750 million Euros, gained through hard negotiations by the Indian side, over the one struck during the previous UPA government, which was scrapped by the Modi government, besides a 50 per cent offset clause.

The 50 per cent offset clause means that Indian businesses, both big and small, will gain work to the tune of over three billion Euros.

These combat aircraft, delivery of which will start in 36 months and will be completed in 66 months from the date the contract is inked, comes equipped with state-of-the-art missiles weaponry that will give a capability that had been sorely missing in its arsenal.

The features that make the Rafale a strategic weapon in the hands of include its Beyond Visual Range (BVR) Meteor air-to-air missile with a range in excess of 150 km.

Its integration on the Rafale jets will mean can hit targets inside both and across the northern and eastern borders while staying within India's territorial boundary.

at present has only a BVR with 80 km range. During the Kargil war, had used a BVR of 50 km range while had none.

However, later acquired 80-km-range BVR, but now with 'Meteor', the balance of power in the air space has again tilted in India's favour.

'Scalp', a long-range air-to-ground cruise missile with a range in excess of 300 km, also gives an edge over its adversaries. Both missiles have a 2 metres precision which means that a target can be hit with high precision.

Defence Ministry sources said the Rafale, which has a range of 780 to 1055 km, depending on mission role, as compared to 400-450 of the Su30, will be better than what even the French uses as it will have numerous specific additions.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

India, France ink deal for 36 Rafale fighter jets

India and France today signed the Euro 7.87-billion (Rs 59,000 crore approx) deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the IAF greater "potency" over arch rival Pakistan. The Inter Governmental Agreement was signed by Defence Minister Manohar Parrikar and his visiting French counterpart Jean Yves Le Drian 16-months after Prime Minister Narendra Modi announced India's plans to buy 36 Rafale fighter aircraft in fly away condition during his trip to France. The contracts for the deal was also signed earlier today. The 'vanila price' (just the aircraft alone) will cost about 91 million Euros each for a single seater and about 94 million Euros for a two seater trainer aircraft. "Pleased to inform that India has signed an agreement for procurement of 36 Rafale aircraft with weapon systems, five years complete spares and maintenance, performance based logistics, India specific special ... and France today signed the Euro 7.87-billion (Rs 59,000 crore approx) deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the greater "potency" over arch rival Pakistan.

The Inter Governmental Agreement was signed by Defence Minister and his visiting French counterpart Jean Yves Le Drian 16-months after Prime Minister Modi announced India's plans to buy 36 Rafale fighter aircraft in fly away condition during his trip to France.

The contracts for the deal was also signed earlier today. The 'vanila price' (just the aircraft alone) will cost about 91 million Euros each for a single seater and about 94 million Euros for a two seater trainer aircraft.

"Pleased to inform that has signed an agreement for procurement of 36 Rafale aircraft with weapon systems, five years complete spares and maintenance, performance based logistics, specific special provisions. This is an achievement which will give the the required potency in terms of penetration and capability," Parrikar told reporters at the South Block.

The deal, first fighter plane contract in 20 years, comes with a saving of nearly 750 million Euros, gained through hard negotiations by the Indian side, over the one struck during the previous UPA government, which was scrapped by the Modi government, besides a 50 per cent offset clause.

The 50 per cent offset clause means that Indian businesses, both big and small, will gain work to the tune of over three billion Euros.

These combat aircraft, delivery of which will start in 36 months and will be completed in 66 months from the date the contract is inked, comes equipped with state-of-the-art missiles weaponry that will give a capability that had been sorely missing in its arsenal.

The features that make the Rafale a strategic weapon in the hands of include its Beyond Visual Range (BVR) Meteor air-to-air missile with a range in excess of 150 km.

Its integration on the Rafale jets will mean can hit targets inside both and across the northern and eastern borders while staying within India's territorial boundary.

at present has only a BVR with 80 km range. During the Kargil war, had used a BVR of 50 km range while had none.

However, later acquired 80-km-range BVR, but now with 'Meteor', the balance of power in the air space has again tilted in India's favour.

'Scalp', a long-range air-to-ground cruise missile with a range in excess of 300 km, also gives an edge over its adversaries. Both missiles have a 2 metres precision which means that a target can be hit with high precision.

Defence Ministry sources said the Rafale, which has a range of 780 to 1055 km, depending on mission role, as compared to 400-450 of the Su30, will be better than what even the French uses as it will have numerous specific additions.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard