IAF Likely To Sign The Deal To Procure 56 Transport Aircraft This Year
Indian Air Force (IAF) is likely to finalize the deal to procure 56 C-295 transport aircraft from Airbus this year.
As per decisions, 16 C-295 transport aircraft will be supplied by the Airbus in flyaway condition while 40 planes will be manufactured in India.
Air Force is procuring the aircraft to replace the Avro planes.
The procurement process for the aircraft has almost been completed and a final decision on the deal is likely to be made soon, said a source.
Toady the Defence Ministry has signed the deal with HAL for LCA Tejas on the occasion of the first day of Aero India 2021.