Russia’s bank Vnesheconombank (VEB) will fund a project of Russian Helicopters Holding on designing a light multipurpose helicopter.
A relevant agreement was signed on the sidelines of the St. Petersburg International Economic Forum by Dmitry Kurdyukov, Vnesheconombank's First Deputy Chairman, and Vyacheslav Kozlov, Deputy CEO of the Holding, the company announced Thursday.
VEB is ready to develop individual financial solutions, technologies and terms of service for the Holding and its organizations by tender considering the nature of implementation of certain projects.
Apart from participation in the design of the light multipurpose helicopter, VEB will finance other areas of the Holding's business.
Russia has reiterated selling S-400 missile systems to India and Turkey. Russian President Vladimir Putin in a meeting with the press Thursday, said “Russia is ready to supply S-400 surface-to-air missile systems to Turkey
A Royal Navy warship ‘HMS Mersey has escorted several Russian ships through the English Channel over the weekend. The incident - described as "routine business" for the navy - is the fourth such incident in the past two months
Russian Navy has hit various Daesh targets, using Kalibr cruise missiles at militant hideouts on east of Palmyra that had housed heavy equipment and militant manpower. The militant hideouts had housed heavy equipment transferred from Raqqa, the Daesh stronghold in northern Syria, the Russian Defense Ministry said Wednesday
Russias advanced Su-35S fighter jet is expected to undergo final tests by the end of 2017, Deputy defense minister said Tuesday. "At present, more than 50 [Su-35S] aircraft are being tested in units of the Russian Aerospace Forces
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