Russia’s arms export orgnization Rosoboronexport has proposed to India to convert the previously signed arms contracts to euro, saying the dollar was falling and arms manufacture at agreed prices was becoming ''unprofitable''.
The two mega-contracts concerned are the supply to and licensed production in India of 230 Su-30 MKI fighter planes (over 4 billion dollars) and the delivery of the Vikramaditya (formerly Admiral Gorshkov) aircraft carrier with an air group of MiG-29K fighters (over 1.5 billion dollars), Vedomosti newspaper reported.
A Pakistan military jet crashed Friday near the Afghan border, but the two pilots ejected safely, an official said.
The Chinese-built FT-6 fighter was on a routine training flight when it crashed in a few miles (kilometers) southwest of the city of Peshawar in the Khyber region, said Pakistan air force spokesman Sarfraz Ahmed Khan.
Russia will demonstrate the latest MiG fighter at the 2007 Le Bourget International Air Show outside Paris, a defense industry official said Tuesday.
The MiG-29M OVT (Fulcrum F), a highly maneuverable air superiority fighter, was unveiled for the first time in August 2005 during the MAKS Air Show outside Moscow.
German Defence Minister Franz Jospeh Jung, who reached here today, met his Indian counterpart A K Antony.
The tow leaders discussed defence cooperation between the two nations, and Jung has likely pushed for the sale of German HDW submarines with their Air Independent propulsion systems (AIP), which is competing against Russian Amur
India continues to dither about whether to drastically upgrade its ongoing military aid to Sri Lanka to include "offensive capabilities" as well, even as Colombo increasingly turns to Pakistan and China for help in its bloody fight against LTTE.
The worsening security situation in Sri Lanka and its implications for India, with both Beijing and Islamabad making inroads into the island nation, came up at a high-level meeting chaired by defence minister A K Antony on Tuesday.
Recognising India's emergence as a strategic and economic power broker in the North East Indian Ocean region, Australia is planning to build closer defence ties with it, country's defence department said.
Years of mutual benign neglect between Canberra and New Delhi now appear to be ending. During the past 12 months a concerted effort had been made by both countries to build the defence relationship, a department spokesperson said on Monday.
Sukhoi will present its new plane, the SuperJet-100, previously called the Russian Regional Jet, or RRJ, at the Le Bourget air show in France on June 18-24.
The jet's body is undergoing static tests at the Central Aerohydrodynamic Institute (TsAGI) in Zhukovsky outside Moscow. Its engine, the SaM146, is a joint product of France's Snecma (Safran Group) and Russia's Saturn. It will be ready by the end of the year, when the jet will make its maiden test flight.
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