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Coast Guard Chopper Deal

A deal to procure 14 number ‘EC 725 Super Cougar’ chopper for the Indian Coast Guard, worth around Rs 2,000 crore ($300 million, which included a Rs 600 crore offset package) is on the verge of being cancelled. Differences between the Defence Ministry and refusal of European manufacturer Airbus over extending the validity of commercial bids tenth time that expired on 15 February have resulted in a technical lapse in the procurement process. https://theprint.in/2018/02/27/macron-visit-rs-2000-crore-coast-guard-chopper-deal/

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