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Friday, July 26, 2013

Friday, 26th July, 2013

NATIONAL NEWS
  • India unlikely to finalize dassault deal before september
    • There is some dispiriting news for French Defence Minister Jean-Yves Le Drian as he arrives here on Thursday to push the 126 fighter aircraft deal, said to be India’s biggest-ever military tender
    • In such a situation, France will be looking for promises that the award of the tender to Dassault will not be reopened. A four-nation European consortium, which along with the Americans and the Russians lost to the French, has already offered to lower the price of its offering.
    • One port of call for the French Minister will be Gwalior that hosts Mirage fighters being currently upgraded by Dassault. France has also entered into an R&D tie-up for short range missiles, thus joining Russia and Israel, which are the only ones to have parted with technological knowhow while jointly designing and producing military hardware with India.
    • A mega project to construct French submarines is also on in Mumbai, though it has been hit by time and cost overruns.
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