LIKELY REDUCTION IN THE PRICE OF US-2 AMPHIBIOUS AIRCRAFT

It has been reported that the deal between India and Japan has seen forward movement after Japan has offered some piece concessions. The deal for 12 US-2 amphibious aircraft has been on the anvil for a couple of years and it is the first defence deal of India with Japan. The price reduction may be more than ten per cent. Earlier, one of the advisers to Japan’s Prime Minister Shinzo Abe, had said that the only way to go forward on the US-2 deal is to sit across the table and talk. The aircraft is made by ShinMaywa of Japan.