Russia confirms that a joint Indo-Russian project to develop a new medium-airlift military transport aircraft, the UAC/HAL II-214 Multi-role Transport Aircraft (MTA) has been terminated.
"In practice, not all projects yield results. During the execution of the project, which lasted five years, we did not manage to find such a solution that would be beneficial for the two countries," Russian Industry and Trade Minister Denis Manturov told TASS Friday.
According to him, Russia will switch to other more interesting projects being executed with India’s Hindustan Aeronautics Limited (HAL) Corporation.
At present, Russia is working on a joint fifth-generation fighter aircraft (FGFA) with India and it is fulfilling its obligations, President of Russia’s United Aircraft Corporation (UAC) Yuri Slyusar told the news agency on Thursday.