Jan 1, 2014

India Cancels VVIP Chopper Deal

For the first time ever, India has scrapped a military hardware contract. Less than a year after the Indian government suspended a Euro 556 million deal for 12 AgustaWestland AW101 VVIP helicopters, the deal has finally been formally cancelled. Execution of the deal was frozen mid-course in February with the delivery of three helicopters, currently in a hangar at Delhi's Palam air force station. A formal statement from the MoD has just been issued.

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