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Monday, 25 January 2016

India, Russia Slash Fifth Gen Fighter Jet Development Costs by 40% January 25, 2016 at 08:34PM

SOURCE: Sputnik India and Russia have agreed to reduce the cost of joint Sukhoi/HAL Fifth-Generation Fighter Aircraft (FGFA) project by 40 percent, local media reported Monday, citing both countries’ development agencies. The estimated total cost of the project in 2008 amounted to $11 billion, to have been covered through equal investment by both of the parties, Business Standard said, adding that this figure had since risen […]

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