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Wednesday, January 29, 2014

Bangladesh Buys Russian Combat Training Jets Worth $800M

Yak-130Bangladesh ordered 24 Russian Yak-130 light fighter jets worth $800 million in the final quarter of last year, a Russian newspaper reported Tuesday.

The deal was paid for with a loan extended by Moscow to the country a year ago, the director of Russian state arms exporter Rosoboronexport said in a separate interview published by Kommersant on Monday, without disclosing the deal’s price tag.

The newspaper said Tuesday that the sale was worth $800 million, citing unnamed sources in the defense industry.

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