India bans Finmeccanica-group from future contracts

The Indian government has decided that Finmeccanica and its subsidiaries are not allowed to bid for future defense contracts.

Current contracts, such as the Selex 3D L-Band air-surveillance radar for aircraft carrier Vikrant, are allowed to proceed.

[thumb]http://www.deccanherald.com/content/427788/finmeccanica-banned-defence-deals.html[/thumb]