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Wednesday, August 21, 2013

MiG-35 Deal Delayed Amid Defense Industry Problems

MiG-35 Fulcrum-FRussia’s Defense Ministry postponed the purchase of 37 MiG-35 fighter jets until 2016 because the defense industry cannot fulfill the contract, a senior defense official said Tuesday.

“The Finance Ministry has nothing to do with it, the industry is not ready yet,” Deputy Defense Minister Yury Borisov said, after confirming that 16 MiG-29SMT fighter jets will be bought instead.

He also said that defense spending under the state arms procurement program for the current year will not be cut.

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