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.
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.
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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