APN Live:
Russia hopes to ink a deal with India to deliver its S-400 anti-aircraft missile systems this year, deputy head of the Federal Service for Military-Technical Cooperation Vladimir Drozhzhov told reporters at the ArmHiTec exhibition at Yerevan on Thursday, reports TASS.
Responding to a question on whether this document will be signed this year, he said, “I hope so.” On March 13, a New Delhi based leading English daily, quoted two senior defence sources saying that India and Russia could be just weeks away from signing one of the biggest defence deals in recent history.
The report further said that the contract negotiations for the purchase of the S-400 Triunf long range air defence systems are in final stages, and are expected to be close by March 31. It further said that India is planning to buy five systems which are expected to cost Rs. 39,000 crore and is considered to be one of the most potent surface to air missile systems in the world.
