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This is an archive article published on January 31, 2008

Boeing’s India warplanes bid to cost $10 bn

Boeing will shortly submit its proposal for an Indian contract involving 126 warplanes worth $10-12 bn, said an executive.

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US aerospace giant Boeing will shortly submit its proposal for an Indian contract involving 126 warplanes worth 10-12 billion dollars, a company executive said on Thursday.

Joe Song, Asia Pacific vice president for international business development at Boeing Integrated Defence Systems, said the company will meet a March 3 deadline for bidders.

“We’re planning to submit our proposal shortly,” said Song, calling it a very big opportunity” for the company.

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“We’re looking forward to succeeding in that campaign,” he said by telephone from Tokyo, where Boeing has a major presence.

Boeing’s F-18 Super Hornet, Lockheed Martin’s F-16 and the Russian-built MiG-35 and MiG-29 are front-runners for the contract to provide combat planes to India, which wants to replace its ageing MiG-21s, industry sources have said.

Also in the running are Eurofighter’s Typhoon, Saab’s Gripen and Dassault’s Rafale and Mirage.

“It’s a great airplane,” Song said of the F-18. “It’s in operation right now with the US Navy. We believe that the airplane best suits the requirements of the Indian Air Force.”

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The contract will be the first time India’s huge defence establishment has bought fighters after evaluating rival bids through a global tender. Under the deal, a large part of the cost will have to be spent in India.

India has emerged as one of the biggest buyers of military equipment among developing countries.

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