India, France expected to ink Rafale Marine fighter jets deal today
India and France are slated to sign a defence agreement for the acquisition of 26 Rafale Marine fighter jets, media reports said.
Indian Defence officials told India Today that the deal is valued at over Rs 63,000 crore.
The Cabinet Committee on Security on April 9 approved the procurement of the 26 Rafale-M aircraft for the Indian Navy.
The contract encompasses 22 single-seater and four twin-seater jets, along with a comprehensive suite for fleet maintenance, logistical support, personnel training, and the manufacturing of indigenous components, India Today.
A formal announcement on the matter is scheduled to be held later in the day.
With an eye on enhancing the country's maritime security power, the advanced Rafale-M fighter jets will be operated from India's aircraft carriers, INS Vikrant and INS Vikramaditya.
The delivery of the jets will begin three-and-a-half years after the contract is signed and is expected to be completed in about six- and-a-half years, official sources earlier told The Hindu.
The Rafale Marine fighter jets are globally considered one of the most efficient in its segment.
It is currently operated by the French Navy.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
Modi meets Anita Anand, notes significance of enhanced cooperation between India, Canada in multiple sectors
Prime Minister Narendra Modi on Monday noted the significance of enhanced cooperation between the two countries in trade, energy, technology, agriculture and people-to-people ties during his meeting with Canadian Foreign Minister Anita Anand.
Jolt for Lalu and Family ahead of Bihar polls: Delhi court frames charges in IRCTC land-for-hotel case
In a setback for the Rashtriya Janata Dal (RJD) ahead of the Bihar Assembly polls, a Delhi court on Monday ordered the framing of corruption and conspiracy charges against party patriarch Lalu Prasad Yadav, his wife and former Chief Minister Rabri Devi, and their son Tejashwi Yadav in the long-running IRCTC land-for-hotel scam.
Union Minister Kirti Vardhan Singh arrives in Egypt for Gaza Peace Summit
Indian Minister Kirti Vardhan Singh has arrived in Egypt to join the Gaza Peace Summit in Sharm El-Sheikh, which is expected to feature the attendance of 20 world leaders.
Congress pulls out of J&K Rajya Sabha race, accuses National Conference of denying safe seat
The Congress party has decided not to contest the upcoming Rajya Sabha elections in Jammu and Kashmir, citing dissatisfaction with its alliance partner, the National Conference (NC), for allegedly denying it a “safe seat.”
Latest News
Canada: Police arrest 8 Indian-origin men over mail thefts
Modi meets Anita Anand, notes significance of enhanced cooperation between India, Canada in multiple sectors
Hamas releases all living hostages, a little over two years since October 7 attack
‘Thank You’ message lights up Tel Aviv beach as Trump arrives amid Gaza ceasefire deal
