Tuesday 27 July 2021 - 02:05

Russia Signs Deals Worth $3.5 BILLION during 2021 Air Show

Story Code : 945302
Russia Signs Deals Worth $3.5 BILLION during 2021 Air Show
Major domestic aviation deals included the sale of Sukhoi Superjet 100 and IL-114-300 aircraft, as well as Mil helicopters. Other agreements included deliveries of unmanned aerial vehicles, engines, aviation electronics, radars, aircraft munitions, and armored and motor vehicles, Russia Today reported.

Russia’s state defense conglomerate, Rostec, announced agreements worth over $3 billion for the delivery of 161 aircraft, both military and civilian. State arms exporter Rosoboronexport alone signed 13 contracts totaling $1.2 billion during the event.

MAKS has become Russia’s premier showcase of the latest developments in domestic aviation, both civilian and military. Nearly 500 products were presented to the public this year, including 50 newly developed aircraft models. Among the state-of-the-art developments unveiled at the show was Sukhoi’s new single-engine supersonic stealth fighter, Checkmate. Around 30,000 people came to see it live.

Russia also unveiled the new MC-21-310 medium-haul airliner, as well as a regional turboprop IL-114-300 and the Baikal light multipurpose aircraft. Russian Helicopters presented its upgraded Mi-171A3 choppers for operation on offshore oil platforms, new avionic equipment, and a new firefighting system. United Engine Corporation presented projects for shaft-turbine engines and a demo version of a new engine core.