Russian arms exporter is lowest bidder for India's $3 billion air defence tender.

[Anik101]

Russian arms exporter is lowest bidder for India's $3 billion air defence tender

Vehicles are parked near the office building of Rosoboronexport company in Moscow, Russia, March 1, 2016. REUTERS/Grigory Dukor/Files
NEW DELHI (Reuters) - Russia’s state-owned arms exporter, Rosoboronexport, has emerged as the lowest bidder for India’s $3 billion tender to source short-range air defence missile systems, the Indian army said on Monday.

“The Russian firm has been identified as the L1 bidder,” army spokesman Colonel Aman Anand told Reuters.

Last month, India agreed a deal with Russia to buy S-400 surface to air missile systems, the two sides said, as New Delhi disregarded U.S. warnings that such a purchase could trigger sanctions under U.S. law

 

[HalfMoon]

Russian arms exporter is lowest bidder for India's $3 billion air defence tender

Vehicles are parked near the office building of Rosoboronexport company in Moscow, Russia, March 1, 2016. REUTERS/Grigory Dukor/Files
NEW DELHI (Reuters) - Russia’s state-owned arms exporter, Rosoboronexport, has emerged as the lowest bidder for India’s $3 billion tender to source short-range air defence missile systems, the Indian army said on Monday.

“The Russian firm has been identified as the L1 bidder,” army spokesman Colonel Aman Anand told Reuters.

Last month, India agreed a deal with Russia to buy S-400 surface to air missile systems, the two sides said, as New Delhi disregarded U.S. warnings that such a purchase could trigger sanctions under U.S. law

This is the system

Although India did not entertain Russian offer to replace Igla-S with Verba in the competition, It makes sense to can cancel this RFP and go for Verba instead through a G2G deal.