MOSCOW (BNS): Russian Ministry of Defence Ministry and the United Aircraft Corporation have signed an 80 billion ruble ($2.5 billion) contract on the first day of the biennial MAKS international air show.
The contract which includes servicing of aircraft, avionics and related equipment was signed in the presence of Russian Prime Minister Dmitry Medvedev, a RIA Novosti report said.
According to UAC president Mikhail Pogosyan, the corporation's current portfolio of orders for the Defence Ministry was for over 300 planes while the total volume of orders as part of the state arms procurement programme would be about 600 aircraft.
The Defence Ministry will also receive three modernised A-50U AWACS aircraft this year, the report said quoting Vartan Shakhgedanov, deputy general designer at the Vega concern that produces the planes.
A contract for a fourth plane is expected to be signed shortly, he added.
Shakhgedanov also said the Defence Ministry would receive the first of the two advanced Tu-214ON planes worth 5 billion rubles ($150 million) at the air show.
Russian MoD, UAC sign USD 2.5 billion contract at MAKS-2013
Article Posted on : - Aug 28, 2013
Other Related News
Defence ministry, HAL sign Rs 26,000-cr deal for Su-30MKI jets' engines
The defence ministry on Monday sealed a Rs 26,000 crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for procurement of 240 aero engines for Su-30MKI aircraft.
The Indian Air Force, in its flight trials evaluation report submitted before the Defence Ministry l..
view articleAn insight into the Medium Multi-Role Combat Aircraft competition...
view articleSky enthusiasts can now spot the International Space Station (ISS) commanded by Indian-American astr..
view article