"We are announcing the news for the first time today," MiG CEO Vladimir Barkovsky said at the Farnborough world air show.
More than 60 Russian defense-industry companies are taking part in the Farnborough air show that opened on Monday at a site southwest of the British capital.
The 2008 Farnborough International Airshow is the biggest ever in the event's 60-year history in terms of exhibition space and exhibitor numbers, the organizers said on their website.
The total number of exhibitors is over 1,500, a 5% increase on last year. 39 countries will be represented, with 29 international and regional pavilions, while there are likely to be 140,000 business visitors attending the show from July 14-18.
Russia has been showcasing its civilian products at the show since 1984, and its military aircraft since 1988.