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Saturday, August 03, 2013

Russian Defense Ministry Signs $380M Helicopter Deal

Mi-8 HipThe Russian Defense Ministry and Russian Helicopters Holding on Saturday signed a 12.6 billion rubles (about $380 million) contract for 40 Mil Mi-8 AMTSh helicopters, the company said.

The contract was signed by Deputy Defense Minister Yury Borisov and Russian Helicopters CEO Dmitry Petrov.

Helicopter deliveries are to begin next year, Petrov said.

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