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    India Signs $55M in Deals With Russia’s MiG Fighter Jet Maker

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    Russia’s MiG fighter jet maker has signed two additional contracts with India worth a total $55 million, the corporation said Wednesday.

    ZHUKOVSKY, August 28 (RIA Novosti) – Russia’s MiG fighter jet maker has signed two additional contracts with India worth a total $55 million, the corporation said Wednesday.

    They are part of a general contract with India’s air force.

    Under the first, $43 million contract, a servicing center will be established in India for maintenance and repair of Zhuk-ME on-board radars, MiG representatives said.

    The second, $12 million contract provides for the creation in India of a servicing center for modernized MiG-29UPG fighter jets.

    Russia will deliver six MiG-29K Fulcrum “generation 4++” fighters to India this year as part of a 2010 contract for 29 planes worth $1.5 billion, MiG CEO Sergei Korotkov said at the MAKS-2013 international air and space show.

    India currently has 21 aircraft. Under the contract, MiG is to deliver 29 planes before 2015, Korotkov said. Last year four aircraft were delivered and one has been delivered so far this year, he added.

     

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