Saturday 28 January 2017

Stealth frigates deal with Russia stumbles on costs

SOURCE: THE HINDU The multi-billion dollar deal between India and Russia for four stealth frigates has run into trouble over pricing and local construction with Transfer of Technology (ToT). India and Russia had signed an Inter-Governmental Agreement (IGA) for four additional Krivak or Talwar class stealth frigates during bilateral discussions on the sidelines of the […]

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