Monday, May 31, 2010

$580-million tag for IAF's C-17 aircraft can be cut: India chief of Boeing Defence Space & Security

With India’s fleet of 24 IL-76 aircraft now obsolescent, planners have decided to buy Boeing’s C-17 Globemaster III, widely acknowledged as the world’s most versatile military transport aircraft.The downside: At over half a billion dollars a piece, the Globemaster is also the world’s most expensive air-lifter. With criticism rising of India’s $5.8 billion (Rs 27,000 crore) purchase of 10 Globemasters, Boeing now says India could actually pay far less. Responding to a question from Business Standard about the Globemaster’s high cost, Vivek Lall, the India chief of Boeing Defence Space & Security (BDS), clarified by email that the $5.8 billion, “is on the higher side of what the actual cost could be…. India may not need all the services and items that the US Air Force is offering them. The final cost will be determined by the actual requirements of the Indian Air Force and after negotiations are held.”

2 comments:

Roughly $200 million each, perhaps?

It's bloody expensive, that's for sure.

yes bloody expensive,and how will it help india security god knows

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