US helicopter deal canceled

Defence Ministry scraps Rs 6,500 crore Navy helicopter deal, bargains hard on price

Question: India recently cancelled a deal for purchase of 16 helicopters worth Rs. 6500 crore to be bought from which of the following US companies?
(A) Sikorsky Aircraft
(B) Litton Industries.
(c) Lockheed Corporation.
(d) Leidos.
Ans :(A)
Related facts:-

  • On June 14, 2017, the Defence Ministry scrapped a Rs 6,500 crore deal for purchasing 16 multirole helicopters for Indian Navy from the US.
  • The deal has been suspended as the government is bargaining hard on price with foreign vendors and promoting Make in India in the military sector for reducing dependency on imports.
  • The deal was under bargaining with American company Sikorsky Aircraft.

Related Links:-
http://zeenews.india.com/hindi/india/defence-ministry-scraps-rs-6500-crore-navy-helicopter-deal-with-us/329935
http://indiatoday.intoday.in/story/defence-ministry-scraps-rs-6-500-crore-helicopter-deal/1/979059.html
http://www.dailymail.co.uk/indiahome/indianews/article-4608558/India-plays-Make-India-card-foreign-vendors.html