French conglomerate Dassault Group’s Rafale combat jet emerged as the lowest bidder for the multi-billion contract for the Indian Air Force. The $10.4 billion deal is for supplying 126 medium multi-role combat aircraft to the Indian Air Force (‘IAF’). The order heralded Rafale’s entry into the export market.
Rafale’s entry into the export market is a major bad news for the beleaguered U.S. defense contractors who are looking offshore to compensate for the Pentagon’s planned axing of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards