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
To Read the News in full at Source, Click the Headline
Monday, July 10, 2006
Home »
» DRDO shortlists developers for Kaveri project
DRDO shortlists developers for Kaveri project
Monday, July 10, 2006
Related Posts:
Tata Sons to bid for Air India 67 years after it sold it to the governmentSixty-seven years after the Tata group gave control of its airline venture Air India to the government, Tata Sons has reportedly submitted an expressi… Read More
Tata Sons poised to enter Air India cockpit after 1953 exitNew Delhi: Tata Group, India’s salt-to-software conglomerate, has reportedly submitted an expression of interest (EoI) for the debt-laden national air… Read More
Tata Sons expected to submit initial bid for state-run carrier Air India: sourcesNew Delhi: Tata Sons, India’s autos-to-steel conglomerate, is expected to submit an initial bid for state-run carrier Air India ahead of the auction’s… Read More
2.4kg of gold seized, passenger arrested at Chennai airportChennai: Chennai airport customs officials seized 2.4kg of gold on Sunday and arrested a passenger on Monday for carrying foreign currencies.Seven pas… Read More
United Airlines jets off from Chicago to Delhi, its third route to DelhiUnited Airlines began Chicago – Delhi on 10 December, returning to the USA two days later.Flightradar24 shows that UA898 departed O’Hare at 1942 and a… Read More
0 comments:
Post a Comment