Russia likely to win $1.2 billion contract for MiG-29K fighter jets from India

  • 12:00 AM, January 18, 2010
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Russia likely to win $1.2 billion contract for MiG-29K fighter jets from India
New Delhi: Russia is likely to conclude a $1.2 billion contract for 29 MiG-29K fighter jets for the Indian Navy. A Russian team will arrive in New Delhi this week to work out the details of the contract after it got the approval of Cabinet Committee on Security (CCS), chaired by Prime Minister Manmohan Singh, the Times of India newspaper reported without stating when the CCS approval was received for the deal to go ahead. The 29 new MiG-29Ks will be in addition to the 16 jets already contracted in the initial $1.5 billion Gorshkov carrier package deal in January 2004. Rechristened INS Vikramaditya, Gorshkov will now be delivered to India by early-2013 or so. But three of the 16 original MiG-29Ks have already arrived at the Goa naval airbase to constitute the 303 ‘Black Panthers’ squadron, with the next three slated to follow shortly. MiG-29Ks will operate from the 44,570-tonne Gorshkov as well as the 40,000-tonne indigenous aircraft carrier being built at Cochin Shipyard, which should roll out by 2014-2015.Armed with eight types of air-to-air missiles, including extended-range BVR (beyond-visual range) missiles, as well as 25 air-to-surface weapons for land-attack missions, the MiG-29Ks will provide Navy with a lethal punch on the high seas, the newspaper report added.
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