India finalises Rs 3.25 lakh crore Letter of Request for 114 Rafale fighter jets; LoR to be sent to France soon.
Rafale Deal
France funds Rafale F5 alone after UAE exits cost-sharing deal, delaying deliveries and stretching defense budgets under the updated Military Programming Law.
India is preparing for high‑level discussions this week with France on a proposed $39 billion (3.25 trillion rupee) contract to acquire 114 Rafale fighter jets, a move that could become the country’s largest-ever defence procurement if approved.
Ukraine has signed a letter of intent with France to acquire up to 100 Rafale F4 fighters, marking a major step in its long term air force modernization strategy while navigating funding, production, and operational challenges.
The Defence Ministry has begun reviewing a proposal by the Indian Air Force (IAF) to procure 114 Rafale fighter jets under the “Made in India” framework in partnership with Dassault Aviation.
The Indian Navy will soon receive 26 Rafale-M fighter aircraft in a deal worth Rs 63,000 crore between India and France.