NEW DELHI: The UPA government has quietly gone ahead and signed the biggest-ever defence deal with US: a $2.1 billion contract for eight Boeing P-8I long-range maritime reconnaissance (LRMR) aircraft for Navy.
TOI had reported on December 27 that the huge deal was finally on the verge of being inked after protracted negotiations and clearance from the Cabinet Committee on Security.
The actual signing took place on January 1, with defence ministry's joint secretary and acquisitions manager (maritime systems) Preeti Sudan and Boeing integrated defence systems vice-president and country head Vivek Lall signing the contract, sources said.
Sunday, January 04, 2009
One of Pres. Bush's very underreported accomplishments and a future cornerstone is his legacy.
Posted by traderrob at 1:00 PM