Israel Aerospace Industries Mega-Deal in India

In depth

According to Globes and N12, New Delhi has approved IAI's offer as the sole candidate in the tender to convert six Boeing 767 aircraft into tanker aircraft for the Indian Air Force. Russian and European companies also competed in the tender. According to TheMarker, the deal is valued at 900 million dollars, while according to Globes and Ice, it is valued at about 905 million dollars.

According to Walla, the Indian Air Force is expected to sign the deal in the coming days, and will not purchase Airbus A330 MRTT aircraft. According to TheMarker, a year ago it was reported that IAI remained the only company in the tender, after agreeing that 30% of the conversion work would be carried out in India.