India signed Euro 7.87 Billion contract with France for the acquisition of 36 Rafale Fighter Jets

Friday, September 23, 2016

New Delhi: Defence Minister Manohar Parrikar signed a Government to Goverment agreement with his visiting French counterpart Jean Yves Le Drian today for the acquisition of 36 Rafale fighter aircraft in fly away condition.The total cost of 36 Rafale Fighters including spares and weaponary amounts to Rs.58,000 Crores that is about Rs.1600 Crores per Fighter Aircraft. Chairman and CEO of Dassault Aviation, Eric Trappier and the Chairman and CEO of Thales, Patrice Caine were also present at the signing ceremony.

The Rafale is a twin-jet fighter aircraft able to operate from both an aircraft carrier and a shore base. The fully versatile Rafale is able to carry out all combat aviation missions: air defence, interception, ground support, in-depth strikes, reconnaissance, anti-ship strikes and nuclear deterrence.

The Rafale combat aircraft from Dassault Aviation will offer various modifications for the specific requirement of India including Radar warning receivers, low band jammers, Israeli helmet mounted displays, 10 hour flight data recording, infra-red search and tracking, towed decoy systems etc.

"Pleased to inform that India has signed an agreement for procurement of 36 Rafale aircraft with weapon systems, five years complete spares and maintenance, performance based logistics, India specific special provisions. This is an achievement which will give the IAF the required potency in terms of penetration and capability," said Manohar Parrikar after signing the agreement.

“I am honoured and delighted by the decision of the Indian Authorities which gives new impetus to our partnership for the coming decades and I thank them for their confidence. Together, Indian and French companies alike, we will endeavour to ensure ambitious industrial cooperation. I am certain that the Rafale and its performance will hold high the colours of the Indian Air Force. It will demonstrate unstinting efficiency in protecting the people of India and the sovereignty of the world’s largest democracy”, declared Eric Trappier, Dassault Aviation Chairman and CEO.

The Aircraft will be deliverd to India by Dassault in 67 months. France will also provide logistics and ground support and ensure that there is 75 percent i.e. 27 aircraft are operationally available at any time.

Thales provides a number of state-of-the-art equipment and systems aboard the Rafale including the RBE2 AESA radar, the Spectra electronic warfare system, optronics, the communication navigation and identification system (CNI), the majority of the cockpit display systems, power generation systems and a logistics support component.Patrice Caine, Chairman and CEO, Thales group welcomed the selection of the Rafale omnirole combat aircraft by the Indian Air Force and thanked the Indian authorities for the trust they have placed in Thales.

Dessault will invest 20% of the order value into local production of Rafale and Falcon components and 30% in India's Military aeronautics related research programmes.

"The offset clause in the Rafale deal will provide a great opportunity for indigenous manufacturers such as us who have put in years of effort in developing world class technology within the country. It further outlines the commitment made by the Indian government to promote the Indian manufacturing industry and support indigenisation of Defence needs of the country. The future also holds a possibility for India to become a global manufacturing hub for these fighter planes in case there is successful transfer of technology." said Mr. Puneet Kaura, MD and CEO, Samtel Avionics, New Delhi.