BAE Systems Plc (BA/) is preparing a new bid to supply India with fighter jets as it competes with Dassault Aviation SA for the order, the Mail on Sunday reported.

The London-based defense company may reduce the price of its Eurofighter typhoon aircraft after India rejected an earlier proposal, the newspaper reported, without saying where it got its information.

Dassault and India are in final talks to conclude details of a contract, after its Rafale was given preference over the Eurofighter in February, the French company’s Chief Executive Officer Charles Edelstenne said in March.

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net