The Indian Defense Acquisition Council has approved additional Boeing P-8I long-range maritime patrol aircraft for INR 4832 crore (US $762 million) for the Indian Navy today.
The DAC headed by defense minister Manohar Parrikar has approved the negotiations. The Indian Navy had plans to buy additional four Boeing P-8I Maritime Surveillance and anti-submarine warfare Aircraft.
“The Cost Negotiating Committee (CNC) has recently completed the negotiations. The talks between the Navy and Boeing are at an advanced stage to add four more P-8I aircraft to an existing order of eight,” Defense ministry officials told Indian media last week.
“The CNC file would soon be sent to the Defense Ministry’s finance wing and then to the Finance Ministry for approval before the Cabinet Committee on Security headed by the Prime Minister,” the officials said.