Word: saab
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...order for 126 fighter planes, worth $10 billion - the single biggest tender in the world in the past 15 years. Six companies' jets are in the running: Boeing's F/A-18 E/F Super Hornet, Dassault Aviation's Rafale, Lockheed Martin's F-16, Russia's MiG-35, Saab's JAS 39 Gripen and the Eurofighter Typhoon from EADS, a six-nation European consortium. All of them sent teams of delegates to Defexpo. They hovered around their booths, giving impromptu presentations over free cappuccino to bureaucrats, army officers and local journalists. The bid is already in its final stages - Indian air force...
...announces plans to slash 21,000 jobs, close dealerships and drop the Pontiac brand. Saturn, Saab and Hummer go on the block...
...aircraft, a contract worth about $10 billion. The IAF has recently begun its field tests of the six finalists, who represent India's old and new allies. In the running are Russia's MiG35, Boeing's FA-18, Lockheed's F-16 and fighter jets from EADS, Dassault and Saab. This is the biggest single tender ever floated by the Indian military, and the decision will be influenced as much by geopolitics as by technical superiority. "Strategic weapons are not only about technology," says Deba Ranjan Mohanty, a defense expert at the Observer Research Foundation in New Delhi...
...just last weekend, a deal to sell Saab to Swedish investors fell apart, leaving GM once again with a distressed property and no obvious way of disposing...
Moreover, GM, which is on the verge of trimming its European production capacity 25%, doesn't need Saab's manufacturing plants in Sweden, and Saab doesn't have any special technology that could save it, a GM official bluntly noted...