Millennium Post

Govt concludes negotiations for Chinook choppers

The Indian government has concluded contract negotiations with US aerospace major Boeing for procuring 22 Apache AH-64E combat and 15 Chinook CH-47F heavy-lift helicopters.

Disclosing this, the IAF chief, Air Chief Marshal Arup Raha, told a magazine in an interview that the process for the final step, that is approval from the Cabinet Committee on Security (CCS), has now been initiated and that “once accorded, the contracts would be signed”. Notably, all contracts above Rs.1,000 crore (approximately $165 mn at the current exchange rate) in value have to be approved by the CCS.

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