Jan 2016 - Final deal inked at 36 Rafale in fly away condition for $9 billion. Unit cost: $250 million.It seem to me despite the so-called cancellation of the mother of arms deal, France emerged as the ultimate winner after all.
India, France smooth out Rafale deal
Rahul Bedi, New Delhi - IHS Jane's Defence Weekly
04 January 2016
India has completed all negotiations and formalities to procure 36 Dassault Rafale fighters in flyaway condition and delivered all documentation related to the purchase to Paris on New Year's Eve, official sources have said.
The Inter Governmental Agreement (IGA), under which the twin-engine fighters will be acquired, is likely to be signed in New Delhi just ahead of or during French president François Hollande's trip to the city, which begins on 25 January, the sources have indicated. Hollande will be chief guest at India's annual showcase Republic Day military parade in Delhi on 26 January.
Industry sources said the deal for the 36 Rafales is expected to cost around USD9 billion.