India Signs Deal To Buy 29 More MiGs From Russia
Published: 12 Mar 2010 10:03
NEW DELHI - India signed a deal March 12 with Russia to buy 29 MiG-29 fighter jets, the plane maker said, further cementing Moscow's role as New Delhi's principal arms supplier.
"According to the contract, supplies will start in 2012," said Mikhail Pogosyan, the general director of both Russian plane makers RAC-MiG and Sukhoi.
He estimated the value of the deal at about $1.5 billion.
The deal is on top of 16 MiG-29 planes New Delhi already agreed to buy for deployment on an aircraft carrier it also hopes to obtain from Russia.