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Sunday, June 29, 2008

India Sells Helicopters to Ecuador

New Delhi, Jun 26 (Prensa Latina) India's state-run Hindustan Aeronautics Ltd. signed a $51 million deal to sell seven high-tech Dhruv light helicopters to Autoridad Ecuatoriana de Aviacion.

The Indian Defense Ministry officials said the accord stipulates a 15 to 24 month delivery, allowing Dhruv helicopters enter a market so far exclusive to US, Russian and European technology.

PTI news agency reminded of India's loss two years ago of a sale of the same technology to Chile, who at the last minute agreed with a US contender.

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