India cancels €560m AgustaWestland helicopter order

India has cancelled a €560m contract to buy high-end helicopters from AgustaWestland, a subsidiary of Finmeccanica, in move that underlines the unpredictability of one of the world’s biggest defence markets. Sitanshu Kar, a ministry spokesman, said the agreement had been “terminated with immediate effect” because of “integrity-related issues” in a contract that had been dogged by allegations of corruption.

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