Saturday, September 11, 2010

DTN News: India, Russia Sign Deal On Military Aircraft Production

DTN News: India, Russia Sign Deal On Military Aircraft Production
Source: DTN News / Ria Novosti
(NSI News Source Info) NEW DELHI, India - September 12, 2010: India and Russia on Thursday agreed to set up a joint venture to manufacture a military transport plane. Under the deal, each party will pay $300.35 million to the JV's charter capital. Hindustan Aeronautics Ltd (HAL) and United Aircraft Building Company expected to sign a deal in March during Prime Minister Vladimir Putin's visit to New Delhi, but India failed to get the paperwork ready and the signing was delayed. Manufacturing facilities will be set up both in Russia and in India. A total of 205 planes are to be made, 30% of which may be exported to third countries. Russia and India signed an intergovernmental agreement on the joint development and manufacturing of the Medium Transport Aircraft (MTA) in 2007. The first MTA is expected to make its maiden flight in 2016-18.
DTN News: World Top Stories / Headlines - News Dated September 11, 2010 Source: DTN News - - This article compiled by Roger Smith from reliable sources
(NSI News Source Info) TORONTO, Canada - September 11, 2010: Comprehensive daily news related to World Top Stories for the world of TODAY.

DTN News: Aerospace/Defense Headlines - News Dated September 10, 2010

DTN News: Aerospace/Defense Headlines - News Dated September 10, 2010
Source: DTN News - - This article compiled by Roger Smith from reliable sources including latest updates Defense News, Aerospace/Defense Headlines - News & Yahoo
(NSI News Source Info) TORONTO, Canada - September 11, 2010: Comprehensive daily news related to Aerospace/Defense for the world of TODAY.
*Comprehensive daily news related on Aerospace/Defense for the world of TODAY.

Friday September 10, 2010

Thursday September 9, 2010