Mumbai: The Defence Research and Development Organisation (DRDO) is believed to have shortlisted three aeroengine majors, including France's Snecma Moteurs and Russia's NPO Saturn, for joint development and production of India's indigenous jet engine Kaveri.
Two other aspirants - General Electric and its trans- Atlantic rival Rolls Royce - were understood to have not met certain criteria for the tie-up, leaving Snecma, NPO Saturn and Canadian firm Pratt & Whitney in the race for the defence contract valued between $ 1.2-2.4 billion.When contacted, GE and Rolls Royce declined to comment on the issue, saying that it was up to DRDO to comment on it.
The project includes a risk-sharing, joint development and production relationship on the Kaveri or any other engine that can be developed afresh for India's homegrown warplane, Light Combat Aircraft (LCA), Tejas.
09/07/06 NDTV.com
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Monday, July 10, 2006
DRDO shortlists developers for Kaveri project
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