The deal, pegged at an estimated $3.99 billion, was announced in June last year during Prime Minister Narendra Modi’s State visit to Washington DC. “The next step after the conclusion of congressional review is for the parties to agree upon and sign a Letter of Offer and Acceptance,” a U.S. State Department official told The Hindu. The procurement decisions and timelines were now with the Government of India, according to the official . With general elections looming in India, it is possible that the next steps will be on hold until May, when the elections are expected. The proposed deal comprises eight Sky Guardians for the Indian Army, eight for the Indian Air Force and 15 Sea Guardians for the Indian Navy.

Source: The Hindu March 01, 2024 20:01 UTC