India to buy 250-300 stealth fighter jets from Russia

October 7th, 2010 - 11:47 pm ICT by BNO News  

NEW DELHI, INDIA (BNO NEWS) — India’s Defense Ministry on Thursday announced that it has agreed to buy 250 to 300 stealth fighter jets from Russia for approximately 30 billion dollars.

Defense Minister Arackaparambil Kurian Antony along with his Russian counterpart Anatoly Serdyukov at made the announcement regarding the Fifth Generation Fighter Aircraft (FGFA) and 45 transport planes as well.

“For the next 10 years, multi-transport aircraft and fifth generation fighter aircraft will be the shining examples of India-Russia defense cooperation,” said Antony. “These two major projects are going to be our flagship programs.”

On Wednesday, Serdyukov, accompanied by a Russian delegation, arrived at India for he 10th annual meeting of the India-Russia Inter-Governmental Commission on Military-Technical Cooperation.

Russian President Dmitry Medvedev is scheduled to travel to India in December, which is also the expected month in which the agreement will be signed.

India currently uses fighter jets such as the Sukhoi Su-30, Mirage-2000 and Jaguar.

The FGFA prototype was flown for the first time early in the year as it is still being developed in Russia. The U.S. is the only country to currently have an FGFA in service.

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