25 May 2017

News Story: Steep price rise hits Indo-Russian 5th-gen fighter project

Russian T-50 PAK FA Prototype, basis for the Indian FGFA 
By: Vivek Raghuvanshi

NEW DELHI — Just when its production was about to take off, the Indo-Russian fifth-generation fighter aircraft appears to be "lost" because Russians are demanding an "unaffordable price for the aircraft," according to a senior Indian Air Force official.

The Russians are demanding more than $7 billion as part of India's share in the development of the FGFA. The Russian side argues that the higher price is justified because the aircraft's development will include transfer of technology of several high-tech systems.

"India is not in a position to pay this kind of money, and the aircraft project appears to be lost " the official said.

The Indian version of the FGFA, known as the Perspective Multi-role Fighter, is being jointly designed and developed by India and Russia. State-owned Hindustan Aeronautics Limited from the Indian side and Rosoboronexport from Russia are the designated lead agencies. 

Read the full story at DefenseNews