Indian Navy inks Rs 3000-cr AJT deal - 7/26/2010

With two new aircraft carriers set to be inducted in the next five years and its air fleet in expansion mode, the Indian Navy has signed a Rs 3,042 crore deal to procure advanced trainer aircraft to train its aviators. The deal to procure 17 new Hawk Advanced Jet Trainers (AJTs) was signed on Friday and the aircraft will be delivered starting 2013.

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