What Happened
Dassault Aviation Submits Formal Proposal for Multi-Role Fighter Aircraft Tender
Dassault Aviation has submitted a formal proposal to India for 114 Rafale fighter jets, valued at approximately $34-39 billion. The deal includes a ‘Make in India’ mandate, with most aircraft to be assembled locally. This move comes as the Indian Air Force faces an urgent need for new fighters, with its squadron count declining due to retiring Soviet-era jets. The proposal is currently under review by Indian negotiators, with the potential for a deal to be signed within 2026, as reported by various sources including Aerospace Global News and The Aviationist.