Russia is no longer interested in procuring of the two French made Mistral-class helicopter carrier warships and its only concern is in getting a compensation of 1.2 billion euro ($1.3 billion) for the violated contract.
Moscow has decided that there would be no further negotiations with France for the delivery of the ships.
"It's now a matter of fact that Russia is not taking them (the Mistral ships), and now there is only one discussion; the amount of money which should be returned to Russia," the deputy chairman of Russia's Military-Industrial Commission, Oleg Bochkarev was quoted as saying by RBC news agency Tuesday.
France earlier this month had offered to refund about 785 million euros ($865 million) besides re-export rights for cancelling the Mistral amphibious assault ship deal with Russia but the latter has demanded 1.163 billion euros ($1.32 billion).
Various Russian media reported that Paris had handed its proposals to Russia on ‘ways’ to terminate the contract for two Mistral-class helicopter carriers to the Russian Navy.
Moscow does not intend to issue a re-export permit before its full money is returned, the reports said. France and Russia had signed a $1.3 billion deal for the two ships and Russia has paid up $1.1 billion so far.
On April 22, French president Francois Hollande said Paris would return Moscow's payment for the warships if the contract is terminated. There were subsequent reports that Paris want to sell the disputed ships to China or India.
Russia ordered the ships from France in 2011, but Paris suspended the delivery of the helicopter-carrying assault ships in response to Moscow's role in the Ukraine crisis.
Moscow had previously said it must either receive the ships, or compensation.
France has offered to refund about 785 million euros ($865 million) besides re-export rights for cancelling the Mistral amphibious assault ship deal with Russia but the latter has demanded 1.163 billion euros ($1
France has denied Chinese media reports of possible sale of Mistral destroyers (meant for Russia) to China, Local media reported. “The French Navy is on a visit to Shanghai between May 9-15 and it may try to sell its Mistral-class assault ships to China,” WantChinaTimes website quoted Duowei News as reporting
France is unlikely to commission the two Mistral-class amphibious assault ships (Vladivostok and Sevastopol) to Russia but will instead look for international buyers after refunding Moscow for the cost of the ships. India, China and Brazil have been cited as possible buyers for the two ships
Moscow has welcomed French President François Hollandes statement that his government will reimburse Russia if negotiations fail between the two nations over delivery of two Mistral Warships; Ria Novosti reported today quoting a diplomatic source as saying. "If the boats are not delivered, then I don't see how they could be paid for," Hollande told journalists after meeting with Ukrainian President Petro Poroshenko on Wednesday
Mistral Detection has provided DNS300 Sonar advanced sonar system to an unnamed Latin American country Navy to assist with underwater search and rescue missions. The company announced in its press release on Monday that it will also provide DNS 300 NAV Navigation System to the police of another South American country to help maintain security during a major event
France has denied rumors of a possible sale of two Mistral-class amphibious assault ships to China. French Minister of Defense Jean-Yves Le Drian denied the wide spread speculation of possible arms sales to China after a joint news conference with US secretary of Defense Ash Carter at the Pentagon on Monday
Russia has started working on a helicopter carrier similar to the stalled French Mistral and is expected to join the forces in 2018, Tass reported last week. Russia recently displayed the layout of the ship similar to the French Mistral amphibious assault ship at the Army 2015 forum
Russia has developed super-high-frequency gun for BUK missile systems that is capable of deactivating unmanned aerial vehicles (UAV) and the warheads of precision weapons, Sputnik News reported Monday. United Instrument Manufacturing Corporation (UIMC), part of Rostec Corporation, announced that the equipment has an impact range of ten kilometers
French-Russian talks on the amount of money that France has to return to Moscow for reneging on the Mistral helicopter carrier deal failed in May but are likely to resume later this month. A French delegation had arrived on May 28 and held talks with a Russian team
Russia would not be able to build new surface ships because of the non-delivery of Ukrainian gas turbine engines, Ria Novosti quoted Deputy Prime Minister Dmitry Rogozin as saying on Wednesday. Rogozin later tweeted saying that Russia cannot build ‘certain types of surface ships
Russia will deploy new Bastion anti-ship missile system in the Arctic in 2015 for enhancing capabilities of its Northern fleet, Sputnik News reported Monday. The coastal defense missile system is designed to destroy various enemy ships that includes landing squadrons, convoys, carrier strike groups and single vessels
Lithuania Gets First 2 Of Its Ordered 88 Boxer Infantry Fighting Vehicles
Russia’s Conventional Alternative To Planned Nuclear-Powered Carrier Will Be Better Than UK’s...
EuroSpike Secures €40 Million Spike Missile Deal with Estonia
MBDA, Lockheed Submit Proposal for Germany's Integrated Air and Missile Defense System
Russia To Offer Customizable MiG-35 Jet To India
Turkish Aerospace Uncovers Fifth-gen TF-X Jet Mock-up at Paris Air Show 2019
US to Sell 8 Weaponized F-16 Fighter jets to Bulgaria for $1.67
Pakistani-Chinese JF-17 Thunder Seeks New Markets at Paris Air Show 2019
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...