IAI advances toward USD906m Indian aerial refueling aircraft deal
Israel Aerospace Industries has emerged as the only bidder whose proposal was approved for consideration in an Indian government tender valued at approximately USD 905.7 million to provide six aerial refueling aircraft for the Indian Air Force.
Under the proposal, IAI would convert six Boeing 767 passenger aircraft into aerial refueling tankers. At least 30% of the work would be performed in India, with Hindustan Aeronautics Limited reportedly expected to serve as the local partner.
The program would address India’s longstanding effort to modernize its tanker fleet, which currently consists of six Russian-built Ilyushin Il-78 aircraft. India has explored several procurement options in recent years but has faced cost and technical obstacles.
The potential contract would add to IAI’s extensive activity in India, which has become the largest market for Israeli defense exports. Approximately 29% of Israeli defense exports between 2021 and 2025 went to India.
Read more in Globes.
