India seals $25bn Russia deal for 127 war planes
‘India has reportedly sealed a $25 billion arms deal with Russia for the development and purchase of 127 fifth-generation stealth fighter aircraft (FGFA).
The development came following a deadlock over an identical arms deal with France for the purchase of its fourth-generation Rafale jet fighters, prompting the Indian military to hasten an even larger venture with Russia on the joint development and procurement of an equal quantity of the 5th-generation aircraft, The Times of India reported Monday citing unnamed sources.
According to the report, India will also make concessions to accelerate the delivery of the war planes in a bid to take delivery of the first ones out of the production line in 36 months rather than of the previously envisaged 94 months.’
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