Author / Source / Date:
D. Raghunandan, Newsclick, Jan. 06, 2012
Records, they say, are meant to be beaten. Those who had characterized India’s acquisition of 126 combat aircraft for around $10 billion, billed as the largest ever single military purchase, as the “mother of all arms deals” will have to change terminology. Last week, the US announced it had clinched a deal with Saudi Arabia for sale of F-15 fighters and upgradation of the current Saudi F-15 fleet for a combined value of about $30 billion. Clearly the grandmother of all deals!