The Indian Air Force is closing in on a long-awaited deal to bolster its fleet.
After years of delay and failed attempts, the IAF has finally found a vendor who can supply six mid-air refuelling aircraft.
Israel Aerospace Industries, a government-owned firm, is likely to get the Rs 8,000 crore contract.
If the deal is inked, the firm would modify 6 second-hand Boeing 767 commercial planes into aerial tankers and deliver them to the IAF.
Under the proposed deal, the Israeli firm has agreed to ensure that 30% of the project would involve Made in India components.
According to an ANI report, the bidding process was launched a few years ago.
Several contenders, including those from Russia and Europe, dropped out after they could not meet key IAF requirements. Especially the 30% indigenous content clause.
Currently, the Indian Air Force operates six Russian-origin IL-78 tankers. All are based in Agra, supporting both Air Force and Navy operations.
For nearly 15 years, the Indian Air Force tried to procure additional mid-air refuelling jets, but the plan didn’t materialise.
With this deal, the Air Force hopes to finally bridge that gap.
