Boeing Wins Indian Helicopter Tender Worth $1 Billion

12:00 AM, October 30, 2012
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The Indian Air Force has awarded Boeing a contract for the supply of 15 heavy-lift helicopters. Boeing beat out rival Russian Mi-26 to win the tender worth $1 billion. According to Defense Ministry officials, commercial negotiations with Boeing will be held to determine the price and finalise the procurement. The choppers, which will replace the aging Mi-26 helicopters, will be used to supply heavy-duty equipment in the higher reaches in the northern and northeastern states. The Chinook CH47D has emerged as the lowest bidder in the tender and would be offered the deal to supply 15 of these helicopters to the IAF, Defence Ministry officials were quoted as saying. In this contract, the IAF determined the lowest bidder by taking into account the cost of operating the chopper throughout its life span of 30 years and not merely the per unit cost of the participating machines, officials said.

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