May 26, 2015
Indian Defence ministry clears deal to buy 15 Chinook and 22 Apache Helicopters
Defence minister has sent the proposals to buy 22 AH-64D Apache and 15 CH-47F Chinook to the finance ministry for clearance.
The Apache proposal went to the finance ministry on April 23, while the one to buy Chinooks was sent last week. The proposals will later go to the cabinet committee on security, for final clearance. The latest price extension granted by Boeing for the choppers is valid till June 30.
The proposals have clauses to place follow-on orders for 11 more Apaches and four extra Chinooks. Boeing had beaten off competition from Russia, which had offered its Mi-28N and Mi-26.