NEW DELHI — The Indian government has initiated actions to scrap its contract for AW101 helicopters with scandal-plagued Finmeccanica subsidiary AgustaWestland. “We have issued a formal show-cause notice to AgustaWestland seeking cancellation of contract and taking other actions as per the terms of the contract and the integrity pact, signed in 2010,” an Indian defense ministry official says. The move follows the Feb. 12 arrest in Italy of Finmeccanica Chairman and CEO Giuseppe Orsi ...


"India Moves To Scrap Tainted AW101 Helo Deal" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.