Rosoboronexport is set to export its top anti-missile defence system, S-400 Triumf almost simultaneously to Asian rivals India and China.
Russia’s arms exporting monopoly Rosoboronexport expects to sign a contract with India 'soon' on the delivery of S-400 air defense missile systems, its chief executive Alexander Mikheyev said at the Paris Air Show 2017 on Wednesday.
"Rosoboronexport is carrying out pre-contractual work with Indian partners. We are discussing the technical issues of the deliveries. I can assure you that both our company and the Indian side are set to sign the contract soon," Mikheyev told journalists.
An agreement on the delivery of S-400 anti-missile and anti-aircraft systems to India was signed by the Russian and Indian governments in October 2016.
Regarding China he said, "The S-400 Triumf systems will be delivered to China in strict compliance with the contract concluded between Rosoboronexport and the Chinese side.
While China has already signed up to buy 5 units of the S-400 system worth an estimated US$3 billion, the value of the Indian contract, for six systems will only be known after India and Russia sign a contract.
The S-400 system is designed to destroy aircraft, medium range cruise and ballistic missiles and can also be used against ground targets.
Russia announced at Paris Air Show that it is planning to modernize India's Su-30MKI multirole fighters with help from Italy. "In cooperation with the Italian side, we will start modernizing Indian Su-30MKIs," Russian Rosoboronexport CEO Alexander Mikheev said during a news conference Monday, in comments quoted mostly by the Russian media
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