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CAG Report on Rafale Procurement- Highlights

HIGHLIGHTS OF CAG REPORT (A PART VERBATIM) Comparative analysis of 2007 and 2015 price Bids The Aligned Price worked out by INT was “U1” million € while the Aligned Price as assessed by Audit was “CV” million € which was about 1.23 per cent lower than the INT aligned costs. This was the price at which 2015 contract should have... Read More
dassault aviation statement on supreme court rafale verdict Breaking News defence industry foreign manufacturer HAL Indian Air Force make in india military aviation 

Dassault Aviation reaffirms full commitment to India and Indian people.

(Saint Cloud, France, December 14, 2018) – Dassault Aviation welcomes the decision of the Supreme Court of India rendered today dismissing all petitions filed on the Rafale Contract signed on 23rd September 2016 in the frame of an Inter-Governmental Agreement between India and France. Dassault Aviation takes note of the Supreme Court conclusions establishing the absence of any irregularities in... Read More
Ministry of Defebce clarified on offset policy Aerospace Breaking News defence ministry foreign manufacturer 

MoD Clarifies On Defence Offset Policy Amid Controvery On Rafale Deal

Even in a G2G deal, where typically Offsets do not apply (take any US FMS contract with India), if Indian Government and French Government agreed for a 50% Offsets by Dassault, it’s a great achievement. But the rule is, even as per DPP, that after taking such a heavy burden, Dassault should be left alone to select its Indian industry... Read More
dassault aviation clarification on rafale fighter offset partner Aerospace Breaking News defence ministry foreign manufacturer HAL Indian Air Force military aviation 

Post Hollande Disclosure, Dassault Aviation Clarifies On Offset Contract With Anil Ambani’s Reliance Defence

Dassault Aviation clarified Choice of Anil Ambani’s Reliance Group was that of Dassault Aviation and NOT that of Government of India. The offset obligations are as per DPP-2016 and Make In India Policy of GoI. Shailesh Kumar, National Defence, New Delhi, 22 September 2018 Post Ex President Hollande’s disclosure on choosing Anil Ambani’s Reliance Defence as offset partner, Dassault Aviation... Read More
indo-french defence and aerospace cooperation Aerospace Breaking News foreign manufacturer Industry 

The export target for Defence equipment has been fixed at Rs 35,000 crore by 2025: Dr Subhash R Bhamre, MoS Defence

SIDM – GIFAS MOU aims to strengthen the strategic partnership in Defence & Aerospace between India and France. – Jayant Sinha, Hon’ble MoS for Civil Aviation Shailesh Kumar, National Defence New Delhi 16 April 2018 “The Draft Defence Production Policy 2018, under consideration now, envisions India to be one of the world’s top five defence producers by 2025 with self-reliance... Read More
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Dassault Aviation Has Selected No Indian Offset Partner As Yet For Rafale Manufacturing: Government

National Defence Bureau, New Delhi, 07 February 2018, (Press release by Government) Unfounded allegations are being made regarding the 2016 Inter-Governmental Agreement (IGA) to procure 36 Rafale aircraft in fly-away condition from France.  This would normally not have merited a response but for the serious damage being caused by the misleading statements, sought to be repeatedly perpetrated on a serious... Read More