Friday, May 20, 2022
  • About us
    • Write for us
    • Disclaimer
    • Terms of use
    • Privacy Policy
  • RSS Feeds
  • Advertise with us
  • Contact us
DefenceTalk
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports
No Result
View All Result
DefenceTalk
No Result
View All Result

Value of S-300 Contract with Iran Reaches Almost $1 bln

by ITARTASS
February 21, 2017
in Missile News
2 min read
0
India Approves Acquisition of Russian S-400 Missile System
14
VIEWS

The value of the contract with Iran for the supply of S-300 air defense systems almost reached $1 billion, the chief of the Rostec corporation, Sergey Chemezov, told the media.

“The S-300 cost about one billion dollars,” he said. No more supplies of Russian weapons to Iran were due for now, he added. “We were through with the supplies of S-300. No plans for anything are on the agenda,” he stated.

The S-300 contract with Iran had been concluded back in 2007 only to have been suspended in 2010. Russian President Vladimir Putin lifted the ban from S-300 supplies to Iran. The contract regained force in November.

Last October the federal service for military-technical cooperation said Russia had been through with the delivery of these weapon systems to Iran.

Fifth-Generation Fighter Jet
Russia and the United Arab Emirates will get down to joint work on a future light 5th generation jet on the basis of MiG-29 as of 2018, according to Chemezov.

“We believe we shall start working on this plane as of next year. It will take seven to eight years to develop,” Chemezov said on the sidelines of the international weapons show IDEX-2017.

“A future fifth generation plane will be created on the basis of Russia’s Mig-29,” he added.

Earlier, Russian Industry and Trade Minister Denis Manturov said that Russia and the UAE had concluded an agreement on industrial cooperation in military engineering, which enabled them to launch a fifth-generation fighter project.

The head of the United Aircraft Corporation Yuri Slyusar said the work on the plane was at the initial phase and Russia was in the process of drafting proposals. The UAC would participate in the project as the leader organization, and Sukhoi and MiG as co-contributors.

Purchase of Russia’s Sukhoi-35 jets
The United Arab Emirates has signed a declaration of intent with Russia to purchase Russia’s Sukhoi-35 jets, Chemezov said.

“We have signed a declaration of intent on selling Sukhoi-35 jets to the UAE,” he said.

At the end of 2015 Chemezov announced that Russia and the United Arab Emirates were in talks over a potential Sukhoi-35 contract. Also, he said that Brazil and Indonesia had taken interest in the plane, too. Rostec’s international cooperation and regional policies director, Viktor Kladov, said last week that a Sukhoi-35 contract with Indonesia would be concluded in the near future.

In November 2015 Russia and China clinched a deal for 24 Sukhoi-35 jets. The $2 billion contract incorporates the supply of ground infrastructures and spare engines.

Sukhoi-35 is Russia’s multirole fighter equipped with onboard phased array antenna radar and thrust vector control. It can develop a speed of up to 2,500 kilometers per hour and boasts a range of 3,400 kilometers. Its combat radius is about 1,600 kilometers. The fighter is armed with a 30-mm gun and twelve weapon stations for bombs and missiles.

Arms procurement loans to countries with unstable economy

Rostec is ready to provide arms procurement loans to countries with unstable economies, Chemezov said.

“We are ready to examine the financial state regarding countries facing financial problems, and provide loans in the future,” he said.

Tags: air defenceair defenseIDEXIDEX 2017iranmissile defencerussiaS-300
Previous Post

Indonesia Orders Additional CAESAR Artillery Systems

Next Post

Russia and UAE to Work on Fifth Generation Fighter Jet

Related Posts

Russian Army Receives More Iskander-M Tactical Ballistic Missile System

Belarus buys S-400, Iskander missiles from Russia: Lukashenko

May 20, 2022

Belarus strongman Alexander Lukashenko said on Thursday his country bought Iskander nuclear-capable missiles and S-400 anti-aircraft anti-missile systems from Russia....

Putin to oversee Russian ‘strategic’ missile drills

Russia practices nuclear-capable missile strikes: ministry

May 5, 2022

Russia on Wednesday said its forces had practised simulated nuclear-capable missile strikes in the western enclave of Kaliningrad, amid Moscow's...

Next Post
Sukhoi Launches Flight Tests of PAK FA Advanced Tactical Frontline Fighter

Russia and UAE to Work on Fifth Generation Fighter Jet

Latest Defense News

EU warns Belarus opening door to Russian nukes after vote

New military bases in western Russia in response to NATO expansion: minister

May 20, 2022
NATO warns Russia readying for ‘full-scale attack’ on Ukraine

Signs multiply Russia seeks control of south Ukraine

May 20, 2022
Biden to announce anti-gun violence measures

Biden begins Asia trip in South Korea, under North nuclear shadow

May 20, 2022
Russian Army Receives More Iskander-M Tactical Ballistic Missile System

Belarus buys S-400, Iskander missiles from Russia: Lukashenko

May 20, 2022
Turkey seeks alternatives to Russian energy after warplane crisis

Erdogan urges NATO allies to ‘respect’ concerns over Finland, Sweden

May 19, 2022
North Korea

North Korea ‘ready for nuclear test’ with Biden due in Seoul

May 19, 2022

Defense Forum Discussions

  • Royal Australian Navy Discussions and Updates 2.0
  • Middle East Defence & Security
  • China - Geostrategic & Geopolitical.
  • Russia and the West
  • Australian Army Discussions and Updates
  • Russian Air Force News & Discussion
  • Royal Australian Air Force [RAAF] News, Discussions and Updates
  • Russian Navy Discussions and Updates
  • The Russian-Ukrainian War Thread
  • General Aviation Thread
DefenceTalk

© 2003-2020 DefenceTalk.com

Navigate Site

  • Defence Forum
  • Military Photos
  • RSS Feeds
  • About us
  • Advertise with us
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Defense News
    • Defense & Geopolitics News
    • War Conflicts News
    • Army News
    • Air Force News
    • Navy News
    • Missiles Systems News
    • Nuclear Weapons
    • Defense Technology
    • Cybersecurity News
  • Military Photos
  • Defense Forum
  • Military Videos
  • Military Weapon Systems
    • Weapon Systems
    • Reports

© 2003-2020 DefenceTalk.com