India has conveyed to Russia its unwillingness to go ahead with the joint development of a fifth-generation fighter aircraft (FGFA) primarily due to high cost involved in the project, official sources said.
India and Russia will soon sign a contract for jointly developing the much-delayed fifth-generation fighter aircraft, a top Russian official has said.
It is to be noted also that almost half of the fighter planes currently in use by the IAF are set to be decommissioned over the next nine years.
The BrahMos Aerospace chief said the air-launched version of the BrahMos missile was under progress and the first test-firing is expected to take place by either the end of this year or the beginning of the next year.
The hike in allocation comes at a time when the ministry has a number of procurements in the pipeline while some are in their final stages and expected to materialise in the coming months.
The issue of India taking on lease from Russia a second nuclear submarine is likely to come up for some intense discussions during Antony’s visit.