Russia to export warplanes to India
IRNA - Islamic Republic News Agency
Moscow, Dec 7, Itar-Tass/ACSNA/IRNA -- Russia will meet its obligations to deliver to India multi-mission planes Su-30 MKI by the end of this year, the president of Irkut corporation, Alexei Fyodorov, said. "Four planes of a ten aircraft series are already in India, and the remaining six will be delivered by December 20," he told a news conference on Tuesday. The 1.5 billion dollar contract for exporting 40 warplanes to India was signed. Russia signed during the implementation of the contract several other accords with India, in particular on delivering ten planes of the Su-30 family and licensed production of 140 planes in India. Joint projects of Irkut corporation with India have a total price of about five billion dollars, Fyodorov said. He said a program of joint work of Russia and India to manufacture a fifth-generation plane was outlined. "This will allow Russia to stay on the world market of high-technology aviation products for more than one decade," Fyodorov said. /2322/1432
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