India and Russia reach agreement on FGFA and Ka-226T helicopter

Thursday, 15 September 2016 06:37

India and Russia have concluded negotiations to jointly develop a Fifth Generation Fighter Aircraft (FGFA) and to licence-build 200 twin-engine Kamov Ka-226T 'Hoodlum' light multi-role helicopters.
Official sources told IHS Jane's on 12 September that Russia had reached agreement with India's state-owned Hindustan Aeronautics Limited (HAL) on both platforms ahead of Russian president Vladimir Putin's visit to Goa in mid-October for the BRICS conference and the annual India-Russia summit.
They said that both sides had agreed to contribute USD3.7 billion - down from Russia's earlier USD5 billion demand - to jointly develop the Sukhoi T-50 PAK-FA combat aircraft based on Indian Air Force (IAF) requirements.
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