$10 billion FICV decision looming for India


Tags: India

Andrew Elwell
07/11/2012

Later this month India’s Defence Ministry will announce the final two contenders for its $10 billion Futuristic Infantry Combat Vehicle (FICV) contract. The Ministry has stated that it will only award the contract to design and manufacture 2,600 FICVs to an indigenous firm, however it is allowing the Indian companies to team with an international defence contractor to tackle the programme. The leading contenders are thought to be Mahindra & Mahindra in allegiance with BAE Systems, alo...
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