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India to buy more than 16 C-17 airlifters
The Indian government has just cleared the deal for 10 C-17s for $4.1 billion, and together with another six aircraft, the deal would be for around $6.5 billion, inclusive of the 30 percent offset clause.
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Reliable sources, however, say the IAF could opt for eight more aircraft, in which case the deal for the C-17s could touch about $10 billion or so.
Posted by: John Frum 2011-06-14
http://www.rantburg.com/poparticle.php?ID=324549