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MoD Races to Cover Rafale Delay

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NEW DELHI: Hectic activity around the Rafale fighter jet deal has South Block on the edge. Barely a month is left for French President Fracois Hollande to arrive in New Delhi as the chief guest for Republic Day. India and France are expected to sign the deal for 36 Rafale aircraft in flyaway condition during the visit. Officials say technical negotiations are complete, but commercial bids are to be finalised. Negotiations to be completed by July are delayed. The Ministry of Defence (MoD) had constituted a committee headed by Air Marshal SBP Sinha to engage with the French team. “The unit price is still an issue. Efforts are being made to finalise it before the French President’s visit,” said a source. Once done, the first jet will land in India within three years with a cost hike of 2-3 per cent.

MoD Races to Cover Rafale Delay -The New Indian Express
 
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IGA is almost confirmed. The issue now in hand seems to be that final contract if signed in this or next financial year with release of signing amount.
 
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Sign again ?
What was signed when modi visited france ?
And what is hollande sgning now on india visit ?
 
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There was an understanding or expression of interest during the earlier visit to discuss purchase of 36 AC. Modalities are now being worked out and the contract negotiated.
Sounds like the engagement before the actual wedding.
 
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