Thursday, 27 July 2017

Decision on $8 bn Futuristic Infantry Combat Vehicle deal likely by July end

SOURCE: FE When the Defence Acquisition Council headed by defence minister Arun Jaitleymeets end of this month, a decision is expected to be taken on one out of three options for the $8-billion Futuristic Infantry Combat Vehicle (FICV) project. The options before the DAC include: Withdrawing the earlier Expression of Interest (EoI), all five vendors to […]

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