Home / Contract Awards / Report: India Issues RFI for $10B Naval Helicopter Procurement Program

Report: India Issues RFI for $10B Naval Helicopter Procurement Program

India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday.

The country’s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: LMT) and Russian Helicopters as the country plans to acquire 123 multirole helicopters worth approximately $7 billion and 111 multi-utility choppers valued at $3 billion in an effort to replace the Indian navy’s fleet of Chetak light-utility helicopters.

The ministry will select the original equipment manufacturer and a local strategic partner later this year with a plan to issue the final request for proposals in 2018.

An overseas OEM and its domestic partner will produce the helicopters at India-based facilities as part of the South Asian country’s strategic partners policy unveiled in May, the report noted.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.