'Contract for 200 Kamov 226T choppers to be signed by Q1 2018'
December 01, 2017 22:43
The CEO of Russian Helicopters said the India-Russia joint venture contract for production of 200 Kamov 226T helicopters for the Indian
armed forces is expected to be signed in the first quarter of 2018.
"Yes, I had mentioned in interviews (earlier) that we expect the contract to be signed by the end of 2017. Because in our opinion the Russians had waited for all the necessary work that would be needed for the contract," Andrey Boginisky said.
"We had a dialogue with the Indian minister for defence on the requirements and characteristics for the helicopters that are desired to be supplied. In my opinion, we are in the final stage of approving these parameters and I only hope and expect this agreement to be signed by the Q1 of 2018 because we understand it is unrealistic for it to be signed this
year," he said.
On the possibility of exporting the helicopters to other countries in future, Boginisky said, "We don't exclude this possibility".
Under the Indo-Russia joint venture to produce 200 Kamov 226T helicopters, 60 of the choppers will be supplied to India in fly-away condition, while 140 will be manufactured in India under a $1 billion deal inked in 2015.
-- PTI
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