The Boeing Co. today failed to make it to the final round in a closely-watched contest to supply the Indian Air Force with 126 new fighter jets.
The contract could be worth as much as $11 billion to the winning contractor.
India’s Defence Ministry announced this morning that two European planemakers are the finalists in the bidding. EADS is offering its Eurofighter Typhoon and Dassault is offering its Rafale.
Most of the world’s largest aerospace companies bid on India’s business. Boeing was offering its F/A-18. Also eliminated today from the competition were Sweden’s Saab with its Gripen, Russia’s MIG with its MIG-35, and the U.S.’s Lockheed Martin with the F-16.
Boeing builds the F/A-18 in St. Louis.