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Friday, August 30, 2013

More Than $12B Contracts Inked at MAKS Airshow

MiG-29KMore than $12 billion in contracts have been signed at the MAKS-2013 international air and space show near Moscow, a sum exceeding the $10 billion record set in 2009.

United Aircraft Corporation president Mikhail Pogosyan said his company alone had signed at least $12 billion worth of contracts at the MAKS show this year, compared with $7.5 billion last year.

Russia’s state-run arms exporter Rosoboronexport has signed five new collaboration agreements with Italy’s Finmeccanica industrial group and OMA SUD aircraft maker, and inked a contract with Cameroon for Mi-17 helicopters.

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