Deputy PM: Syrian campaign shows future belongs to intelligent weaponsMilitary & Defense October 28, 15:15
Kremlin unaware of alleged arrest of Russians in SerbiaRussian Politics & Diplomacy October 28, 15:00
Russia’s Central Bank keeps key rate at 10%Business & Economy October 28, 14:02
Russian expert says information war against Moscow not helping to solve Syrian conflictRussian Politics & Diplomacy October 28, 14:01
Russia to launch Soyuz MS-03 manned spacecraft to ISS on November 17Science & Space October 28, 13:36
Results of trilateral talks of Russian, Syrian and Iranian top diplomatsWorld October 28, 13:33
Germany sees no reason to change Normandy format — Foreign MinistryWorld October 28, 13:31
St. Petersburg shipyard lays keel of new-type corvetteMilitary & Defense October 28, 13:18
Lavrov hopes to work out constructive solution on Syria at meeting with Muallem, ZarifRussian Politics & Diplomacy October 28, 13:15
NEW DELHI, March 30 (Itar-Tass) — Russia-India military-technical cooperation portfolio amounts to $10.8 billion, head of the Russian delegation to the DefExpo 2012 exhibition, Deputy Director of the Federal Military-Technical Cooperation Service Vyacheslav Dzirkaln said on Friday.
“Military-technical contracts totaling $6.5 billion were signed with India in 2010, while contracts signed in 2011 had the value of $1.8 billion. The total contract portfolio is $10.8 billion,” Arms Tass quoted Dzirkaln.
Military-technical cooperation goes beyond the delivery of military commodities; it also includes the activity of joint ventures and licensed works, Rosoboronexport Deputy General Director Viktor Komardin said. The average annual amount of Russian-Indian military-technical cooperation stands at $3 billion. India’s share in the aggregate military-technical cooperation of Russia has been varying from 22-25% to 35-38%, Komardin said.