Israel Aerospace Industries Wins Major Indian Tanker Aircraft Deal Over Airbus
Translated & summarized from Hamal by baba
Israel Aerospace Industries is nearing a deal to supply India with six converted Boeing 767 aircraft for refueling and cargo, worth about $905 million. The Israeli company's offer was reportedly over 20% cheaper than Airbus's proposal and includes technology transfer. The new aircraft will enhance India's long-range capabilities and are expected to be delivered between 2028 and 2030.
The story in 6 lines · by baba
- Israel Aerospace Industries is set to win a $905 million deal to supply India with six converted Boeing 767 aircraft.
- IAI's offer to India was reportedly over 20% cheaper than Airbus's proposal for new A330 MRTT jets.
- The deal includes a transfer of technical knowledge for India to independently maintain the aircraft.
- The converted Boeing 767s will enhance India's long-range reconnaissance and strike capabilities.
- Deliveries of the aircraft are expected between 2028 and 2030.
- IAI was also recently shortlisted for a $5 billion Swiss air defense tender.
Israel Aerospace Industries (IAI) is reportedly set to secure a significant deal with the Indian Air Force to supply six converted Boeing 767 aircraft for refueling and cargo transport, valued at approximately $905 million. This potential agreement comes shortly after IAI was shortlisted for a major air defense tender in Switzerland, valued at around $5 billion, against a French-Italian bid. The Indian deal, which has been under discussion for over a year, would see IAI convert used Boeing 767s, offering a solution that is reportedly more than 20% cheaper in acquisition and operational costs compared to Airbus's proposal of new A330 MRTT aircraft. IAI also agreed to transfer technical knowledge to India for independent maintenance and plans to deliver the aircraft between 2028 and 2030. The Indian Air Force currently operates aging Russian-made refueling tankers and requires new aircraft with a range of about 12,000 km to enhance its long-range reconnaissance, strike, and power projection capabilities, particularly in deterring Pakistan and China. An initial decision to favor IAI's offer was made in October, and India is now nearing a contract signing, according to Indian media reports. Unlike the French, IAI has committed to providing India with the necessary technical expertise for self-sufficiency.
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