Tuesday, February 19, 2013
India Buys French Surface-To-Air Missiles for $6 Billion
French President Francois Hollande visited India on 14 February and finished an arms deal of $6 billion to co-develop short-range surface-to-air missiles. Most surface-to-air missiles in the current inventory of the Indian armed forces come from Russia. Also discussed at the bilateral meeting were nuclear power cooperation and a final push for the Dassault Rafale, which has failed to find any foreign buyers in ten years, to win India's Medium Multi-Role Combat Aircraft competition, the biggest foreign arms contract in a generation.
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