Daku Mongol Singh
- Mar 7, 2009
EADS Executive:India Has Scrapped Tender For 22 Attack Helicopters
Tuesday March 24th, 2009 / 8h56
NEW DELHI -(Dow Jones)- India has scrapped a tender estimated at up to $1 billion to buy 22 attack helicopters, the chief executive of the local unit of European Aeronautic Defence & Space Co. (EADSY) said Tuesday.
"We were informed earlier this month (by the Indian government), I think last week," Yves Guillaume told reporters on the sidelines of a news conference by Airbus, EADS's commercial plane manufacturing business.
"We have to first understand why it was canceled," Guillaume said when asked if the company would bid again if India's government issues a fresh tender.
The company's helicopter manufacturing unit, Eurocopter, had pitched the Tiger attack helicopter for the tender.
I sense that it is due to the development of our LCH.