India Russia Billion Dollar Helicopter Deal To Be Signed Soon
(NSI News Source Info) New Delhi, India - Aug 14, 2008: The Indian Air Force said on Thursday that India will soon sign a contract with Russia to receive 80 Mi-17 Hip-H multirole helicopters.
Air Chief Marshal Fali Homi Major said preparations for signing the contract are now in their final stages. The deal is estimated at $1 billion.
Indian media earlier reported that the contract was under threat over Russia's attempt to significantly raise the delivery price, and that negotiations were stalling. A preliminary agreement to sell Mi-17 helicopters to India was reached in March 2007 at a meeting of the Russian-Indian intergovernmental commission on military cooperation.
The Mi-17 is a version of the Mi-8 airframe. The helicopter has a takeoff weight of 13 metric tons and can carry up to 36 people or a payload of 4 metric tons within the cargo compartment, or 4.5 tons externally. The helicopters have been supplied to 80 countries.
Thursday, August 14, 2008
India Russia Billion Dollar Helicopter Deal To Be Signed Soon
India Russia Billion Dollar Helicopter Deal To Be Signed Soon
(NSI News Source Info) New Delhi, India - Aug 14, 2008: The Indian Air Force said on Thursday that India will soon sign a contract with Russia to receive 80 Mi-17 Hip-H multirole helicopters.
Air Chief Marshal Fali Homi Major said preparations for signing the contract are now in their final stages. The deal is estimated at $1 billion.
Indian media earlier reported that the contract was under threat over Russia's attempt to significantly raise the delivery price, and that negotiations were stalling. A preliminary agreement to sell Mi-17 helicopters to India was reached in March 2007 at a meeting of the Russian-Indian intergovernmental commission on military cooperation.
The Mi-17 is a version of the Mi-8 airframe. The helicopter has a takeoff weight of 13 metric tons and can carry up to 36 people or a payload of 4 metric tons within the cargo compartment, or 4.5 tons externally. The helicopters have been supplied to 80 countries.
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