Russia will deliver three stealth frigates worth USD 1.6 billion to the Indian Navy in line with the "contract deadline" of 2012, an official has said."The contract's deadline is 2012. We are not expecting any delays at this point," General Director of the Kaliningrad based 'Yantar' shipyard, Igor Orlov said.
Speaking on the sidelines of the 4th International Maritime Defence Show in St. Petersburg Orlov underscored, "Russia will fulfil its obligations on schedule to supply three Project 11356 frigates to India by 2012.
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Too little too late for the ruskies..They only woke up to realize that they had lost the Il 76 contract to the Americans..almost loosing the MCRA to F 18...,,,If they pay more hard ball with India over admiral gorky India might as well go with USS kitty Hawk.
ReplyDeleteMore over India ATV is ready for sea trails by Aug 15.
7 Frigates made my Mazagon docks for $10 billion,,,Man is India Shopping or what?
:D