Tuesday, 23 August 2016

India likely to seek more time, freeze on price to buy howitzers

SOURCE: FINANCIAL EXPRESS Despite giving approval to import $750-million 145 BAE Systems’ M777A2 155mm/39 calibre lightweight howitzers from the US through the Foreign Military Sales (FMS) route, India has sought freeze on the price for three more months. Highly-placed sources told FE that “the deadline for signing the deal is September 10, but the ministry […]

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