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Saturday, April 30, 2011

Russia loses deal of the century to Europe

Mig-35 (Mig-29OVT)Russia has lost the largest arms tender of this century - the delivery of the medium multi-role combat aircraft for India.

Russia was taking part in the tender with its MiG-35 fighter jet (a modernized version of MiG-29).

The contract stipulated the delivery of 126 fighter jets in the amount of over $10 billion.

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