Seeking Alpha

In an effort to avoid giving repeat orders to Israel's Rafael, the Indian Air Force has decided...

In an effort to avoid giving repeat orders to Israel's Rafael, the Indian Air Force has decided to solicit bids from several companies around the world for six additional aerostat radars worth over $400M. Lockheed Martin (LMT), Northrop Grumman (NOC +0.5%) and BAE Systems (BAESY.PK) are among the firms expected to compete for the deal.
Comments (1)
  • "In an effort to avoid giving repeat orders to Israel's Rafael, the Indian Air Force has decided to solicit bids..."

     

    "...from several companies around the world for six additional aerostat radars..."

     

    There may be reason why the world has never heard of the "Indian Air Force."
    2 Nov 2012, 11:34 AM Reply Like
DJIA (DIA) S&P 500 (SPY)