29.08 More Than $12B Contracts Inked at MAKS Airshow (WRAP)
MOSCOW, August 29 (RIA Novosti) More than $12 billion in contracts have been signed at the MAKS-2013 international air and space show near Moscow, a sum exceeding the $10 billion record set in 2009.
United Aircraft Corporation president Mikhail Pogosyan said his company alone had signed at least $12 billion worth of contracts at the MAKS show this year, compared with $7.5 billion last year.
Russias state-run arms exporter Rosoboronexport has signed five new collaboration agreements with Italys Finmeccanica industrial group and OMA SUD aircraft maker, and inked a contract with Cameroon for Mi-17 helicopters. Russias MiG fighter jet maker has clinched an agreement with India to establish a servicing center for its aircraft in the Asian country.
The Russian Defense Ministry has signed a comprehensive $3 billion agreement with the UAC on maintenance and servicing of its aircraft, avionics and equipment, and signed a $50 million contract for a unique electronic warfare system.
The UTair airline has signed a contract with Sukhoi Civil Aircraft Co. for six long-haul Superjets, worth $217.2 million.
Warplanes
On Tuesday, the UAC and the Defense Ministry signed a 80 billion ruble ($2.5 billion) contract for the servicing of aircraft, avionics and related equipment. The contract was signed in the presence of Russian Prime Minister Dmitry Medvedev.
