India Formally Drops Plans to Buy 126 Dassault Fighter Jets
This article is for subscribers only.
The Indian government formally scrapped plans to buy as many 126 fighter jets from Dassault Aviation SA, opening up the possibility it may tender anew for more than $10 billion of planes.
After several years of negotiations directly with Dassault for Rafale jet fighters, India agreed in April to buy 36 of the planes from the French government instead. The talks with Dassault had stalled after India sought guarantees for jets that would be made locally.