Hindustan Aeronautics Limited knocked out of stealth jet race

Of the seven consortia of public and private sector firms that bid for the programme last year, three have met the mandatory criteria and progressed to the next stage of the evaluation process involving the submission of cost bids for building five AMCA prototypes and one structural test specimen, the officials added, asking not to be named. HAL bid for the programme with two smaller firms that did not meet the mandatory criteria, HT has learnt. The names of the three players that will be issued requests for proposal for submitting their cost bids were not immediately known. The contract…