India Panel Evaluating Dassault Deal for 126 Fighter Jets

India’s proposal to buy 126 Dassault Aviation SA fighter jets is being evaluated by a government panel before it goes to the finance ministry and the cabinet for approval, Defense Minister A.K. Antony said. The proposal, being vetted by the cost negotiation panel, has to go through as many as “seven layers” once the contract discussions are completed, Antony told reporters in Bangalore at the Aero India 2013. Dassault declined to comment on the status of the negotiations.

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