Russia and India signed a package of contracts that include the supply and manufacturing of Russian Project 11356 frigates in India, the Russian Federal Service for Military-Technical Cooperation (FSMTC) told reporters Tuesday.
MOSCOW (Pakistan Point News / Sputnik - 20th November, 2018) Russia and India signed a package of contracts that include the supply and manufacturing of Russian Project 11356 frigates in India, the Russian Federal Service for Military-Technical Cooperation (FSMTC) told reporters Tuesday.
The FSMTC did not specify the parameters of the contracts, however, according to unofficial data, the contract for the supply of two built ships is about $950 million.
"The contracts for the construction of Project 11356 frigates were signed in the interests of the Indian Navy. This is another important event in the development of the Russian-Indian defense industry cooperation," it said.
