India and Russia Agree on Helo Deal, Review Joint Defense Projects
India agreed to buy 80 Mil Mi-17V-5 helicopters worth $1.2 billion during a visit to Delhi by Russian President Dmitry Medvedev early this month. These will replace 35-year old Mi-8 choppers the Indian Air Force currently flies. The deal includes weapons options and an offset obligation worth $405 million. Accompanying Medvedev were Russian Defence Minister Anatoly Serdukov and United Aircraft Corp. chief Alexei Fedorov. Most of the key Indo-Russian defense projects were discussed during the visit, including the joint development of a fifth-generation fighter aircraft (FGFA); modernization and transfer of Russian aircraft carrier Admiral Gorshkov to India; multipurpose cargo aircraft, a long-mooted joint development; and the delivery of more Su-30MKI combat aircraft and licensed production by Hindustan Aeronautics. Regarding the FGFA, Fedorov said the two countries would sign a contract early next year to jointly develop the fighter. Sukhoi is already working on the project. Add...