India, Russia Close To $1.2 Bln Deal For 29 Navy Fighters ~ Russia and India are poised to sign a $1.2 billion contract for another 29 MiG-29K fighter jets for the Indian Navy, an Indian daily reported on Monday.
According to The Times of India, a Russian team is expected in New Delhi later this week to "fine-tune the contract" now that it has received the go-ahead from the Cabinet Committee on Security (CCS), chaired by Prime Minister Manmohan Singh.
The 29 new MiG-29Ks will be in addition to 16 jets already to be delivered under a 2004 contract.
Russia's MiG aircraft maker said in early December it had delivered the first four MiG-29 Fulcrum-D carrier-based fighter jets to India.
Russia and India signed a contract in January 2004 for the delivery of 12 single-seat MiG-29Ks and four two-seat MiG-29KUBs as part of a $1.5 billion deal for the Admiral Gorshkov aircraft carrier, currently being retrofitted in Russia for the Indian navy.
The contract for the jets also stipulates the procurement of equipment for pilot training and aircraft maintenance, including flight simulators and interactive ground and sea-based training systems.
Friday, January 29, 2010
DTN News: Russia Expects To Sell No Less Than $7.4 Bln Of Arms In 2010 / India, Russia Close To $1.2 Bln Deal For 29 Navy Fighters
DTN News: Russia Expects To Sell No Less Than $7.4 Bln Of Arms In 2010 / India, Russia Close To $1.2 Bln Deal For 29 Navy Fighters
*Source: DTN News / RIA Novosti
(NSI News Source Info) - January 29, 2010: Russia exported $7.4 billion worth of military products last year, and expects to sell at least a similar amount in 2010, the head of the country's state-run arms exporter Rosoboronexport said on Thursday.
Russia exported a record $8.35 billion worth of weapons in 2008.
"We do not expect arms deliveries abroad in 2010 to be lower than in 2009," Anatoly Isaikin said.
He said arms and hardware supplies for the Air Force accounted for half of all exports in 2009.
According to Isaikin, arms exports saw a steady growth in the past nine years, and increased more than 140% in the period from 2001 to 2009.
Russia's main customers for arms were India, Algeria, China, Venezuela, Malaysia and Syria, Isaikin said.
He hinted that Russia could also sell its arms to Iraq and Afghanistan if the United States gives its approval.
"It's too early to say if any [arms] supplies will be made to Afghanistan and what arms could be supplied there... Military officials from Iraq and Afghanistan do approach us for various arms supplies. We are ready to deliver, provided there is a corresponding decision [on the part of the U.S. administration] and if funds are allocated," Isaikin said.
He said Rosoboronexport's contract portfolio for the next few years currently exceeded $34 billion.
Labels:
Arms Exports,
DTN Defense-Technology News,
DTN News,
India,
MiG-29K/KUB,
Russia
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