India moves a step closer to buying Rafale fighter jets and maritime patrol aircraft [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
The purchases are part of a deal approved for a basket of defense products worth 3.6 trillion rupees ($39.74 billion). Maintaining air power is a strategic priority for India, which faces persistent security challenges along its borders with nuclear-armed rivals Pakistan and China The ministry didn't provide a breakdown of the number of Rafales or P-8I aircraft to be purchased, nor the cost. However, an Indian official with direct knowledge of the matter told The Associated Press that the Defence Acquisition Council headed by Defense Minister Rajnath Singh cleared what is called in India “an acceptance of necessity” for acquisition of 114 Rafale multi-role fighter jets from France and six P-8I maritime surveillance aircrafts from the U.S. The official spoke on condition of anonymity as he wasn't authorized to speak with the media. India already operates two squadrons of Rafale fighter jets and last year signed a deal to purchase 26 marine variants of the stealth fighter for
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