NEW DELHI — India’s much-awaited purchase of 126 medium multi-role combat aircraft (MMRCA) for the Indian air force from French firm Dassault Aviation will be further delayed as negotiations to calculate the life-cycle cost haven’t been settled and there is no money for any new buys, Defense Minister A. K. Antony says. “The MMRCA will materialize, [but] it will not be in this financial year [ending March 31],” Antony says. “The negotiations on life-cycle costs are continuing. I hope we ...
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