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Tuesday, March 10, 2015

India ready to spend $25bn on Russian 5G fighter jets

Su T-50 PAK-FAThe stalemate over the 4th-gen Rafale fighter jets deal with France has forced the Indian military to accelerate an even larger project with Russia on the joint development and purchase of an equal quantity of 5th-gen fighters.

India is now ready to invest $25 billion in the development and purchase of 127 fifth-generation stealth fighter aircraft (FGFA). It will also make concessions to speed up the delivery of fighters and have the first ones available in 36 months instead of the previously envisaged 94 months, sources told The Times of India.

The initial contract signed with Moscow implied a 50:50 design and production agreement to develop an Indian version of Russia’s Sukhoi T-50 (PAK-FA) 5G fighter jet.

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