ID :
110792
Wed, 03/10/2010 - 08:30
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https://oananews.org//node/110792
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India, Russia to sign agreement for development of FGFA
Vinay Shukla
Moscow, Mar 9 (PTI) India and Russia are expected to
sign the first of a series of agreements for the development
of fifth generation fighter aircraft (FGFA) to meet futuristic
requirements of the Indian Air Force during Russian Prime
Minister Vladimir Putin's visit to New Delhi later this week.
"We expect to ink the agreement for the development
of FGFA design and its technical parameters after March 10,"
sources in the United Aircraft Corporation (UAC) said.
The comments come ahead of Putin's two-day visit to
New Delhi begining Thursday.
The twin-stick two seater version of the futuristic
multi-role fighter jet for the Indian Air Force (IAF) would be
developed by Hindustan Aeronautics Ltd (HAL) and 'Sukhoi'
Corporation, which is part of the Russian integrated aircraft
manufacturer UAC on the parity basis.
"India would be the only partner in the FGFA project
and the two sides have agreed to share the proceeds from the
sale of the fighters to third countries keeping in view their
intellectual property rights," the sources said.
The design of the FGFA for IAF would be based on
Sukhoi's T-50 PAK FA technology demonstrator, which after
making its maiden flight on January 29 is beginning a series
of trials.
According to local media reports, the cost of the
project would be around USD 8-10 billion and would be shared
by India and Russia on parity basis.
The aircraft would carry a price tag of USD 85-100
million and would be available in the global market after
India and Russia meet their initial requirements. PTI VS
RDM
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