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Sunday, 22 February 2015

India, Russia sort out differences on fighter jet project

New Delhi: India and Russia have generally agreed upon the amount and division of work during the research and development (R&D) stage of the fifth generation fighter aircraft (FGFA) project.

A contract for the R&D phase is being prepared and expected to be signed this year, said Yuli Slyusar, president and chairman of Russia’s United Aircraft Corporation (UAC) at Aero India 2015 in Bengaluru.


“The Russian and Indian parties have generally agreed on the work share of each,” said company officials but refused to divulge specific details at this stage.

The work share of Hindustan Aeronautics Limited (HAL) has been a contentious issue as the project will have equal investment between India and Russia and is likely to cost over $30 billion for about 400 aircraft. India plans to induct 144 of them.
22/02/15 Dinakar Peri/The Hindu

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