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Russia Invests In Sukhoi Aircraft

by: Matthew Potter
August 19, 2009

Category: Business Line, Companies, Contract Awards, Countries, development program, Events, Military Aviation, production program, Russia, Sukhoi | RSS 2.0

The Russian Federation signed a contract worth over $2.5 billion dollars to purchase sixty-four advanced Sukhoi aircraft. The contract will purchase forty-eight SU-35S, twelve SU-27M and four SU-30M2 aircraft. The contract was so important that Prime Minister Validimir Putin himself announced it.

This is the largest public contract since the fall of the Soviet Union and will lay the foundation for the modern Russian Air Force. In order to complete the deal by 2015 the Russian government is granting Sukhoi money as well as providing financing to begin the production.

Sukhoi has had some success in selling these aircraft to foriegn countries and like every other major defense contractor hopes to do more of such business.

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