US guided-missile destroyer collides with merchant vessel in SingaporeMilitary & Defense August 21, 8:02
Russian military aviation stamps out terrorists en-route to Syria’s Deir ez-ZorMilitary & Defense August 21, 6:47
Putin visits international jazz festival in Crimea’s KoktebelSociety & Culture August 21, 2:31
Militants launch shell on exhibition complex near Damascus - televisionWorld August 20, 15:27
Cardinal Parolin: Dialogue of Roman Catholic and Orthodox Churches to help them feel unitySociety & Culture August 20, 8:27
Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
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.