Courtsey - Hudson Hawk
I will like to thank Hudson Hawk for permitting me to use the following Alert.
The Americans, Swedes, Russians and the French are at daggers drawn to retain Indian Air Force as their client.
Lockheed Martin F-16 IN Super Viper - Costs USD 50 Million
Boeing F/A - 18 Super Hornet - Costs USD 57 Million
Eurofighter Typhoon - Costs USD 123 Million
Mikoyan 29 OVT - Costs USD 38.5 Million
Saab JAS 39 Gripen IN - Costs USD 48 Million
Dassault Rafale - Costs USD 94 Million
The Foreign companies are also required to transfer technological knowledge to Indian Aerospace Industry.
According to Indian government policy, the foreign aerospace company that wins the contract will have to ploughback (re-invest) 50% of the contract value in India or source the same amount through the Indian Industry.