India and Japan resolve price issue in US-2 sale

Japan and India have resolved a price problem over the potential sale of 12 ShinMaywa US-2 amphibious aircraft. The deal was initiated two years ago, and was stuck after failure to reach a deal on price. Japan wanted $133M per aircraft, while India was looking for lower. Japan agreed to reduce price by 10% to $113M.

This may mark the first sale of military equipment to another nation by Japan, who overturned their self imposed ban in 2014.

www.defensenews.com...

a reply to: Zaphod58

Nice plane.
Turn it into an RV and go island hopping.

a reply to: Zaphod58

Reminds me of tales of the gold monkey

Looks like it would be a good fire fighting tanker for the Forrest service. Put a siphon and some tanks in her.

India will approve the deal for 12 US-2 aircraft Monday.