Why India Should Consider Lockheed Martin's F-16 Offer

In 2007, India began an official tender process for 126 multi-role, medium-range combat aircraft (MMRCA) with Paris-based Dassault at a cost of about $11 billion. It was the world’s largest fighter jet deal at the time. Since then the deal has unraveled. Negotiations stalled over price and quality and, ultimately, Prime Minister Narendra Modi opted to purchase only 36 “ready to fly” aircraft from Dassault. Even this more modest version of deal has yet to fully fructify.

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