Posted on 02/11/2011 4:26:09 PM PST by ErnstStavroBlofeld
The Russian-Indian joint development of a fifth generation fighter jet will cost some $6 billion, Hindustan Aeronautics Ltd. (HAL) Financial director D. Shivamurti said
Russia and India signed in December last year a contract to jointly develop a design for a new 5G multirole fighter. Russia's Sukhoi holding and India's Hindustan Aeronautics Limited agreed in early 2010 to jointly develop a fifth-generation fighter jet based on the T-50 design.
"A detailed design phase, including the cost of the project, is likely to cost more than $6 billion," Shivamurti said. "The work between us and them [India and Russia] will be distributed in a 35/65 proportion."
Russia has been developing its own fifth-generation fighter since the 1990s. The current prototype, known as the T-50, was designed by the Sukhoi design bureau and built at a plant in Komsomolsk-on-Amur in Russia's Far East
(Excerpt) Read more at en.rian.ru ...
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