qtech_logo_t

Decision on SP expected soon

MoD is likely to finalise the strategic partnership (SP) model based on parameters financial capability, technical strength, assets, manufacturing and infrastructure facilities besides engineering strengths and past performance etc. Understood may be two or more companies are likely to be shortlisted and then the identified foreign OEM with technical capabilities will choose the appropriate partner. An early decision on the FICV project is also expected shortly.

Source:http://defenceaviationpost.com/decision-of-sp-and-ficv-expected-soon-arun-jaitley-to-continue-as-defence-minister-for-a-longer-duration-than-expected-sources/

Comments are closed.