Russian Aircraft Corporation MiG, a UAC subsidiary, comes to the Farnborough 2014 show boosted by a new Russian order for 16 MiG-29SMT single-seat, multirole fighters due for delivery by the end of 2016. Signing the $495 million order, Russia’s deputy defense minister Yuri Borisov said, “This order will make MiG feel more secure and look to the future with greater hopes…and provide a good starting point for setting up production of newer aircraft, such as the MiG-35.”
Talks on acquiring some 40 MiG-35s for the Russian air force are ongoing.
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