Monday, February 6, 2012

BAE To Cut Eurofighter Typhoon's Price to Win India order

Ian King, BAE’s chief executive, said the company was considering a range of options to secure the deal to supply fighter jets, which could help prevent a major industrial setback for Britain. A source close to the company said BAE was consulting with its partners in Germany, Italy and Spain to see what was feasible in the coming days and weeks.

India had previously changed its mind on defence contracts, the source said, adding there was “still some way to go” before any decisions by the country had been made. The insider insisted the contract was still up for grabs, with Dassault’s Rafale only having been named as the lowest-priced compliant bidder rather than being awarded the contract.

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