SAAB and Lockheed slug it out for Indian fighter plane contract
Keen to build up a fleet of 400 fighter planes over the coming years, New Delhi is dazzling defence companies with the prospect of mega-deals. [...]
Thales is a defense electronics company in aerospace and defense industries. It came into being with the merger of Alcatel, Dassault Electronic and Thomson CSF and inherited the latter company’s naval activity, which it has developed in recent years. Thales now operates in 50 countries and has become a leading player in the defense industry.
Embroiled in the biggest scandal in its history, Kuala Lumpur is putting the brakes on negotiations for an order of new fighter jets. However behind the scenes companies hoping to land the business are continuing to do deals with their contacts on the ground. [...]