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MIG aircraft corporation has order book of $4 bln — CEO

August 21, 2015, 18:33 UTC+3 MOSCOW
Russian Deputy Defense Minister Yuri Borisov said earlier Russia’s Armed Forces would get 30 MiG-35 fighters as part of the state rearmament program designed until 2020
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MiG-29 aircraft

MiG-29 aircraft

© ITAR-TASS/Marina Lystseva

MOSCOW, August 21. /TASS/. The order book of the Russian aircraft corporation MiG amounts to about $4 billion, MiG CEO Sergei Korotkov said on Friday.

‘I look optimistically at MiG’s future, considering today’s order book of about $4 billion. The scope of production is also expanding," Korotkov said.

The MiG CEO said in July last year that the aircraft corporation’s medium-term order book comprised about 100 planes while the corporation was annually producing about 24 aircraft.

MiG also plans to sign a contract with Russia’s Defense Ministry by the end of the year on the delivery of Mikoyan MiG-35 (NATO reporting name: (Fulcrum-F) fighter jets, Korotkov said.

"We’re waiting for such a contract: we have prepared all the documents and they are being considered today. We hope very much that the contract will be concluded by the end of the year or by the start of next year at the latest," he said.

Russian Deputy Defense Minister Yuri Borisov said earlier Russia’s Armed Forces would get 30 MiG-35 fighters as part of the state rearmament program designed until 2020.

Commander-in-Chief of the Russian Air and Space Defense Force Viktor Bondarev has said the Russian Armed Forces will start getting these aircraft from 2018.

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