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Wednesday, April 16, 2014

Russian Air Force to Receive 16 New MiG Fighters

MiG-29SMT FulcrumThe Russian Defense Ministry has signed a $470 million contract with the MiG corporation for the delivery of 16 advanced MiG-29 SMT fighters, the ministry said Tuesday.

The company had earlier confirmed the deal in an interview with RIA Novosti, but did not specify its value.

"The value of the contract, including the ground support and test equipment, is more than 17 billion rubles. The contract is a strategic measure for maintaining the combat readiness of the lightweight fighter fleet," the Defense Ministry said in the statement.

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