The International Spectator - Aborted defence deal underlines India's procurement problem
India’s decision to cancel a $740-million helicopter contract with Italian-owned AgustaWestland last week added to an already long list of failed defence deals which have left the military short of crucial equipment.
The deal to supply 12 transport helicopters, which were to ferry India’s top-most leaders, was signed in February 2010, but was terminated last week after an investigation in Italy in 2013 brought to light alleged bribery.
Italian authorities arrested Giuseppe Orsi, the chairman of AgustaWestland’s Italian parent company Finmeccanica, while India’s ex-air force chief S.P. Tyagi is under investigation in New Delhi.
Rest of article at link.
India’s decision to cancel a $740-million helicopter contract with Italian-owned AgustaWestland last week added to an already long list of failed defence deals which have left the military short of crucial equipment.
The deal to supply 12 transport helicopters, which were to ferry India’s top-most leaders, was signed in February 2010, but was terminated last week after an investigation in Italy in 2013 brought to light alleged bribery.
Italian authorities arrested Giuseppe Orsi, the chairman of AgustaWestland’s Italian parent company Finmeccanica, while India’s ex-air force chief S.P. Tyagi is under investigation in New Delhi.
Rest of article at link.
