With Honeywell demanding what Indian Air Force sources term an "exorbitant" price for F-125IN engines, the IAF has told HAL that it has abandoned its plan to upgrade 80 Jaguar fighters with new Honeywell engines, reports Ajai Shukla.
The retirement of the Jaguar would create a six squadron gap in the IAF's combat fleet which would cost $20 billion-$30 billion to fill.
After a decade-long wait, the IAF will transform 80 ageing Jaguar fighters into highly capable, multi-role, combat aircraft.
Will the IAF pay $2.4 billion to refit 80 Jaguars with powerful Honeywell engines?
Ahead of an RFP to be issued by the IAF before awarding the Jaguar re-engining contract sometime next year, Honeywell officials took pains to reiterate that the F125N was a clear winner against competitor Rolls Royce's Adour engine.
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