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Friday, October 12, 2007

5th generation fighters: India, Russia to ink pact

India and Russia will sign a pact to jointly develop an advanced fifth generation fighter aircraft during Defence Minister A.K.Antony’s Moscow visit next week.

While negotiations on the project have been on for several years, India announced its intent to go in for Sukhoi’s PAK-FA fighter earlier this year. Both the sides have since been busy with technical negotiations to prepare a formal draft on the deal.

“An (inter governmental) pact will be signed during the visit but price negotiations and Intellectual Property Rights (IPR) issues will be sorted out at a later stage,” a Defence Ministry official said.

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