Sep. 04, 2006
Russia Sells to India License for Engine Assembly
Russian air exporter, Rosoboronexport has sealed a contract with India for the licensed production of RD-33 engines to be installed on MiG-29 fighters. The project value is estimated at around $250 million, and its implementation will boost the chances of Russia to win the Indian tender for 126 light fighters worth up to $9 billion overall.
From December 2006 to January 2007, Chernyshev Moscow Engineering Enterprise (RSK MiG owns 50 plus a stock) will supply to India 20 RD-33 engines of series 3 (upgraded RD-33 with extended service life) worth around $25 million. The engine developer, RSK MiG’s Klimov Works of St. Petersburg is a co-contractor.
The engines will be supplied for testing. It is the first stage of the contract for licensed assembly of around 120 engines (RD-33) at facilities of Hindustan Aeronautics Ltd. (HAL), which budget is estimated at $250 million.
“The engines will cost less than if sold as usual, but the license money will pay it back,” said a source with one of profile state divisions.
HAL needs the license first to master assembly of basic RD-33 and then to proceed to its upgraded specifications with the movable trust vectors and to RD-33MK installed on the seaborne MiG-29. From 2007 to 2009, Russia will deliver MiG-29s for Vikramaaditya (former Admiral Gorshkov) aircraft carrier.
Of interest is that Russia offers its MiG-29M/M2 (MiG-35) fighters with movable trust vectors at the tender, through which India is choosing a supplier of 126 light fighters valued at $6.5 billion to $9 billion. India announced the tender in summer. MiG’s most probable competitor is the F-16 of U.S. Lockheed Martin. In light of the tender, the contract for license assembly of engines is a good claim for victory. Anyway, India intends to announce the winner in 2007 or 2008, and the analysts say it may buy the fighters of both Russia and the United States.
http://www.kommersant.com/page.asp?idr=500&id=702187
Russia Sells to India License for Engine Assembly
Russian air exporter, Rosoboronexport has sealed a contract with India for the licensed production of RD-33 engines to be installed on MiG-29 fighters. The project value is estimated at around $250 million, and its implementation will boost the chances of Russia to win the Indian tender for 126 light fighters worth up to $9 billion overall.
From December 2006 to January 2007, Chernyshev Moscow Engineering Enterprise (RSK MiG owns 50 plus a stock) will supply to India 20 RD-33 engines of series 3 (upgraded RD-33 with extended service life) worth around $25 million. The engine developer, RSK MiG’s Klimov Works of St. Petersburg is a co-contractor.
The engines will be supplied for testing. It is the first stage of the contract for licensed assembly of around 120 engines (RD-33) at facilities of Hindustan Aeronautics Ltd. (HAL), which budget is estimated at $250 million.
“The engines will cost less than if sold as usual, but the license money will pay it back,” said a source with one of profile state divisions.
HAL needs the license first to master assembly of basic RD-33 and then to proceed to its upgraded specifications with the movable trust vectors and to RD-33MK installed on the seaborne MiG-29. From 2007 to 2009, Russia will deliver MiG-29s for Vikramaaditya (former Admiral Gorshkov) aircraft carrier.
Of interest is that Russia offers its MiG-29M/M2 (MiG-35) fighters with movable trust vectors at the tender, through which India is choosing a supplier of 126 light fighters valued at $6.5 billion to $9 billion. India announced the tender in summer. MiG’s most probable competitor is the F-16 of U.S. Lockheed Martin. In light of the tender, the contract for license assembly of engines is a good claim for victory. Anyway, India intends to announce the winner in 2007 or 2008, and the analysts say it may buy the fighters of both Russia and the United States.
http://www.kommersant.com/page.asp?idr=500&id=702187
