trackwhack
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That's how much aircraft these days cost. Even MKI is nearing the $80million mark per piece.By choosing either of the euro-birds India will end up in a very difficult situation, financially. Those 126 birds will cost around 20 billion dollars to buy, but their life-long cost (assuming 30 years) will triple that to around 60 billion dollars, in other words 2 billion dollars each year. This might not sound that much, but considering the fact that the airforce gets no more than 1/3 of the defence budget, and that under normal circumstances only half of the allocated moeny goes towards hardware purchases and maintainance, 2 billion a year for a single program is quite a lot.
India's defence budget for 2010 was 38.4 billion. To go from this to 120 billion a year within 5 years is utterly unrealistic. Now if you factor in current economic situation which one might describe as hopeless, india's defence expenditure in dollar terms will probably go down instead of go up. In fact, since the rupee has lost so much against dollar lately, India's nominal GDP will experience negative growth for the year. I think right now the economic landscape has changed so much so fast the last 6-12 months that it has caught the government of India completely off guard.Our defense budget will be 120 billion by 2015. If 1/3rd goes to the Airforce, thats still 40 billion. Of course 2 billion can be spent on the program. By 2020, we are talking of a 180 billion dollar defense spending. Go figure.
Unfortunately the MMRCA is only appetizer compared to the other mamooth purchases waiting in the pipeline. PAK-FA is likely to cost 2-3 times more, P75 submarine project, the P15A follow-on project all likely will cost in tens of billions of dollars. There are numerous other projects that will cost at least as much as the MMRCA order.That's how much aircraft these days cost. Even MKI is nearing the $80million mark per piece.
$2Billion a year to thwart the Chinese dragon should be enough, is it not?
Budget allocation isn't fixed. It varies depending on the need. In the next 5 years the IA will have a massive budget because of the FINSAS program. If IN wants a lot of ACs, SSN and SSBNs then even they may end up with a larger acquisition budget.
By choosing either of the euro-birds India will end up in a very difficult situation, financially. Those 126 birds will cost around 20 billion dollars to buy, but their life-long cost (assuming 30 years) will triple that to around 60 billion dollars, in other words 2 billion dollars each year. This might not sound that much, but considering the fact that the airforce gets no more than 1/3 of the defence budget, and that under normal circumstances only half of the allocated moeny goes towards hardware purchases and maintainance, 2 billion a year for a single program is quite a lot.
The Japan government will acquire 42 units of F-35A after the financial year 2012 , the estimated deal worth more than $4 billion .
F-35 Wins Japan Fighter Competition - Defense News
That number is little bit on the optimistic side considering that US itself is paying more than 100 million dollars a pop:not a bad deal ,
42 F-35A = more than 4 b$ .
not a bad deal ,
42 F-35A = more than 4 b$ .
Japan swoops for F-35, shoots down Typhoon, F/A-18E/FUnderstand that it is a "package."
Griephan, a German defence publication, tweeted that Rafale's bid was based on a successful UAE contract (hence lowering unit cost), but that is now in trouble.are there some rumors concerning a favorite? Who's in the pole?
What do you guys think or feel?
I hope that GOI will finaly come to senses and decides that India can not behave like oil-rich Sheiks by spending senselessly on imported arms. Let's hope that money allocated for MRCA will now be spent on housing projects to the 1 million+ Dharavi residents instead. In other words playing Santa to India's own people instead of playing Santa to the fat cats of western arms industries.AK Antony gonna play Santa Claus and bring the goodies for the good boys .
Or we could make fake cities and failed Disney Land instead!!!I hope that GOI will finaly come to senses and decides that India can not behave like oil-rich Sheiks by spending senselessly on imported arms. Let's hope that money allocated for MRCA will now be spent on housing projects to the 1 million+ Dharavi residents instead. In other words playing Santa to India's own people instead of playing Santa to the fat cats of western arms industries.