Russia's hope of bagging the Rs. 9,000-crore contract to supply mid-air refueller's to India is over. They were pipped by the European aviation giant, Airbus.
Despite the setbacks, however, Russia remains the biggest supplier of arms to India. Russia and India are soon likely to sign a contract for joint production of the fifth-generation, stealth, fighter aircraft deal at an estimated cost of over 30 Billion USD.
This is the second time that Airbus A-330 Multi Role Tanker Transport (A-330 MRTT) has emerged as the first choice of the Indian Air Force (IAF). The IAF has a fleet of six Russian-made Illyusin-78 (IL-78) refuellers and wants to acquire another six mid-air refuellers.