The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
Under the deal, 16 aircraft will be delivered in a flyaway condition by the Airbus Defence and Space within 48 months of signing the contract.
“All 56 aircraft will be installed with indigenous electronic warfare suite,” the ministry had said on September 8 after the procurement was cleared by the Cabinet Committee on Security.
[Via]
