India completes talks on huge warplane deal
Afp, New Delhi
India has completed negotiations over an order for 126 fighter jets that could cost up to nine billion dollars, Defence Minister AK Antony said Monday. But the minister did not say which of the Russian, US and European rivals were best placed to win what arms industry sources have described as the world's biggest fighter plane contract in 15 years. According to industry sources, the leading contenders are the Russian-built MiG-35 and MiG-29, Lockheed Martin's F-16 and Boeing's F-18. Also in the race to replace India's aged fleet of MiG-21s are Eurofighter's Typhoon, Saab's Gripen and Dassault's Rafale.
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