An Indo-Russian proposal to jointly produce fifth generation fighter aircraft (FGFA) is expected to soon take off thanks to Prime Minister Narendra Modi's recent visit to that country. A decision on the project is expected in the next six months, chairman of Bengaluru-based Hindustan Aeronautics Ltd (HAL) T Suvarna Raju said today.
''The FGFA programme has regained its speed. Discussions are on. Hopefully, we should know a decision in next six months,'' Raju told reporters in Bangalore.
According to the programme, the two governments were to contribute $6 billion each for prototype development and production at the time of signing the final design contract. The two countries are yet to sign the contract, without which the project won't take off.
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''The FGFA programme has regained its speed. Discussions are on. Hopefully, we should know a decision in next six months,'' Raju told reporters in Bangalore.
According to the programme, the two governments were to contribute $6 billion each for prototype development and production at the time of signing the final design contract. The two countries are yet to sign the contract, without which the project won't take off.
26/12/15 domain-b
