This is turning into a horror show for the IN
. Price is now expected to be USD$2.9 billion--with a "b". Sounds like the Russians are doing a shake down here.
Indian Navy Stunned By Latest Russian Demand For Gorschkov
The Indian Navy has been stunned by a Russian demand for an additional $700 million payment for the completion of the reconstruction of the aircraft carrier Admiral Gorshkov. This brings the total demanded by the Russians to $2.9 billion, more than three times the originally-contracted price and a truly outrageous sum by any international standards.
In addition to this latest demand, the Russians have confirmed that the ship will not be completed until 2012, four years later than originally planned.
These latest demands come as a savage blow to the Indian delegation that was planning to negotiate over the original Russian demand for an additional $1.2 billion.
India is left with few options here. I have read where they are building a 40000 ton carrier, but it won't be ready for many years. They could order one from the French, but that would take...many years. They could just tell the Russians to kiss off and forego the whole carrier thing.
Or...they could work a deal with the USG for a Nimitz class carrier from the USN
's inventory? I would have never suggested this a couple of years ago, but we are in very, very interesting times right now.
[Edited 2009-02-23 14:19:57]
"When all is said and done, more will be said than done".