No Deal Before March, But MMRCA Lowest Bidder "Soon": Minister

The Indian M-MRCA fighter deal won't be signed before the financial year draws down, Indian defence minister AK Antony told reporters in Delhi today, but confirmed that the lowest bidder would be declared "soon". It had been near certain that the results of the toss-up between bids by Dassault and EADS would be announced this month, though it now appears to have slipped into February. Stay tuned for more details.