Source : Bloomberg
By Helene Fouquet
Feb. 16 (Bloomberg) -- European Aeronautic, Defence & Space Co. and Tata Group may bid together for a $1 billion contract to supply India's army with military communications systems, Agence France-Presse reported, citing Tata Group Chairman Ratan Tata.
The Indian Army will call for bids later this year, AFP said today, citing unidentified military officials. Tata, based in Mumbai, and EADS, the French-German owner of Airbus, will submit a ``cutting edge, best-in-class'' offer, Tata told the news agency.
India may buy as much as $30 billion of military hardware by 2012, AFP reported.
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