Lyneham Lad
25th Aug 2009, 21:05
From Flight International (http://www.flightglobal.com/articles/2009/08/20/331265/russia-signs-2.5-billion-deal-for-64-sukhoi-fighters.html)
An extract from the article:-
Russian government officials during the MAKS air show in Moscow signed a historic order for 64 Sukhoi fighters, raised the possibility of a $470 million cash injection for RSK MiG and sternly warned aerospace executives to not expect further financial bail-outs.
The Russian air force will take delivery of 48 Su-35Ss, 12 Su-27SMs and four Su-30M2s by 2015 under the $2.5 billion order jointly announced on 18 August by Sukhoi and the defence ministry.
The deal marks the most valuable contract ever signed by the air force. It also extends a major change in acquisition policy that started in 2008. Since the post-Cold War period, Russia had ordered no more than six fighters a year, but last year signed a multi-year $1.25 billion contract for 32 Su-34s.
Should we be worried? :eek:
An extract from the article:-
Russian government officials during the MAKS air show in Moscow signed a historic order for 64 Sukhoi fighters, raised the possibility of a $470 million cash injection for RSK MiG and sternly warned aerospace executives to not expect further financial bail-outs.
The Russian air force will take delivery of 48 Su-35Ss, 12 Su-27SMs and four Su-30M2s by 2015 under the $2.5 billion order jointly announced on 18 August by Sukhoi and the defence ministry.
The deal marks the most valuable contract ever signed by the air force. It also extends a major change in acquisition policy that started in 2008. Since the post-Cold War period, Russia had ordered no more than six fighters a year, but last year signed a multi-year $1.25 billion contract for 32 Su-34s.
Should we be worried? :eek: