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India Won’t Finally Assemble Su-30MKI Fighters
Russia’s state exporter of arms, Rosoboronexport, and Indian Defense Ministry have trimmed the execution dates for the biggest military and engineering contract that provides for the licensed assembly of 140 Su-30MKI fighters. Moreover, India has abandoned requirement for complete transfer of the aircraft’s construction to the plants of Hindustan Aeronautics Ltd., inspiring the Russian companies with the hope of earning $350 million in addition on the new terms.
One of these days, Rosoboronexport and Indian Defense Ministry have sealed amendments to the contract of December 2000 that sets forth the licensed assembly of 140 Su-30MKI heavy fighters, sources with the aviation community said.
First of all, the parties curtailed execution dates by three years, drawing nearer the deadline from 2017 to 2014. The contract could be actually closed already in 2012, said representatives of the firms working with Irkut Corporation, which is the general contractor. Moreover, India abandoned the final requirement of the contract that spelled out complete production of Russian fighters at facilities of Indian Hindustan Aeronautics Ltd. (HAL).
Representatives of Irkut confirmed the transfer of the contract dates but refused to elaborate.
The $3.5-billion contract was made in December 2000. Initially, it committed Irkut Corporation to ensure delivery of Su-30MKI components and to arrange their assembly at HAL facilities by 2017. Twenty six component sets have been supplied to-date.
Source
Russia’s state exporter of arms, Rosoboronexport, and Indian Defense Ministry have trimmed the execution dates for the biggest military and engineering contract that provides for the licensed assembly of 140 Su-30MKI fighters. Moreover, India has abandoned requirement for complete transfer of the aircraft’s construction to the plants of Hindustan Aeronautics Ltd., inspiring the Russian companies with the hope of earning $350 million in addition on the new terms.
One of these days, Rosoboronexport and Indian Defense Ministry have sealed amendments to the contract of December 2000 that sets forth the licensed assembly of 140 Su-30MKI heavy fighters, sources with the aviation community said.
First of all, the parties curtailed execution dates by three years, drawing nearer the deadline from 2017 to 2014. The contract could be actually closed already in 2012, said representatives of the firms working with Irkut Corporation, which is the general contractor. Moreover, India abandoned the final requirement of the contract that spelled out complete production of Russian fighters at facilities of Indian Hindustan Aeronautics Ltd. (HAL).
Representatives of Irkut confirmed the transfer of the contract dates but refused to elaborate.
The $3.5-billion contract was made in December 2000. Initially, it committed Irkut Corporation to ensure delivery of Su-30MKI components and to arrange their assembly at HAL facilities by 2017. Twenty six component sets have been supplied to-date.
Source