Israel's IAI reportedly nears $906 million deal to convert six aircraft for the Indian Air Force
- • Israel Aerospace Industries is reportedly close to securing a $905.7 million deal with the Indian Air Force.
- The proposed agreement involves converting six Boeing 767 passenger aircraft into aerial refuelling tankers.
- IAI emerged as the sole qualifying bidder after rival Russian and European proposals reportedly failed to meet evaluation criteria.
- Hindustan Aeronautics Limited is likely to partner with IAI, with at least 30% of the work planned in India.
Source: timesofindia.indiatimes.com
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