Eurofighter still in race for India jet deal: CEO

ABU DHABI Mon Feb 18, 2013 7:00pm IST

People look at an Eurofighter Typhoon aircraft on display during the International Defence Exhibition and Conference (IDEX) at the Abu Dhabi National Exhibition Centre February 17, 2013. REUTERS/Ben Job

People look at an Eurofighter Typhoon aircraft on display during the International Defence Exhibition and Conference (IDEX) at the Abu Dhabi National Exhibition Centre February 17, 2013.

Credit: Reuters/Ben Job

Related Topics

Stocks

   

ABU DHABI (Reuters) - The chief of the Eurofighter Typhoon said on Monday that it is still in the race for a fighter jet deal in India as British Prime Minster David Cameron began his tour to win new trade in the Asian country.

"We believe the Eurofighter is still there," Eurofighter Chief Executive Enzo Casolini said at a press briefing in Abu Dhabi. "We are on standby, in case they come back to us."

India started exclusive talks with France's Dassault Aviation (AVMD.PA) for an order of 126 Rafale jets worth $10 billion in January 2012, over the competing British-backed Typhoon.

However, more than a year later, the two sides still have yet to sign a final contract because of disagreements over the cost of building them in India.

David Cameron arrived in India on Monday to try to win new trade and investment and is hoping New Delhi will change its mind and choose the Eurofighter.

Cameron's job of persuading India to buy more civil and military hardware will not be easy. India said on Friday it wanted to cancel a $750 million deal for a dozen helicopters made by AgustaWestland, the Anglo-Italian subsidiary of Italy's Finmeccanica (SIFI.MI), over bribery claims.

A British government source said last week that Hollande had not finalised the Rafale deal during his own trip to India earlier in the month.

The Typhoon was developed by a consortium of BAE (BAES.L), Finmeccanica (SIFI.MI) of Italy and EADS EAD.PA.

"I think our technology transfer offer to India was fantastic. And India had a very demanding target," Casolini said. (Reporting by Praveen Menon; Editing by Louise Heavens)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Culling Plans

REUTERS SHOWCASE

Drug Approval

Drug Approval

Epirus, Ranbaxy win India approval for arthritis drug copy.  Full Article 

Fresh Demand

Fresh Demand

As mining curbs bite, India offers market to glut-hit iron ore.  Full Article 

Root Out 'Bad Apples'

Root Out 'Bad Apples'

RBI chief calls for cleaning up of banking system.  Full Article 

Android One

Android One

Google launches $105 Android One; eyes low-price smartphone boom.  Full Article 

Cognizant Deal

Cognizant Deal

Cognizant to buy TriZetto for $2.7 billion to boost healthcare business  Full Article 

India-Vietnam Ties

India-Vietnam Ties

India tightens Vietnam defence, oil ties ahead of China Xi's visit.  Full Article 

Antitrust Crusade

Antitrust Crusade

INSIGHT - "Mr. Confession" and his boss drive China's antitrust crusade .  Full Article 

Inflation Eases

Inflation Eases

Aug WPI inflation eases to near five-year low of 3.74 percent  Full Article 

Kashmir Floods

Kashmir Floods

Disease threatens as Kashmir flood waters turn fetid  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage