03-05-2010, 02:55 AM
[size="6"]India, Russia expected to sign fighter aircraft development agreement[/size]
India and Russia are expected to sign an agreement shortly that will see the two countries jointly develop and build a fifth-generation fighter aircraft (FGFA) within six years, a Russian defence industry official has stated.
In comments published by Russian state-run information service RIA Novosti on 2 March, Alexander Fomin, first deputy head of the Federal Service for Military and Technical Cooperation, said a contract was expected to be signed by the two countries soon, focusing on the design concept and technical requirements proposed by India.
The agreement, which has been negotiated by the two sides for around two years, is expected to be worth around USD10 billion and will call for India's state-owned Hindustan Aeronautics Ltd (HAL) and Russia's United Aircraft Corporation (UAC) to form a joint venture to develop and then manufacture the aircraft.
http://www.janes.com/news/defence/jdi/jd..._1_n.shtml
India and Russia are expected to sign an agreement shortly that will see the two countries jointly develop and build a fifth-generation fighter aircraft (FGFA) within six years, a Russian defence industry official has stated.
In comments published by Russian state-run information service RIA Novosti on 2 March, Alexander Fomin, first deputy head of the Federal Service for Military and Technical Cooperation, said a contract was expected to be signed by the two countries soon, focusing on the design concept and technical requirements proposed by India.
The agreement, which has been negotiated by the two sides for around two years, is expected to be worth around USD10 billion and will call for India's state-owned Hindustan Aeronautics Ltd (HAL) and Russia's United Aircraft Corporation (UAC) to form a joint venture to develop and then manufacture the aircraft.
http://www.janes.com/news/defence/jdi/jd..._1_n.shtml