Tuesday, March 11, 2008

Russia Makes A Billion


Russian news reports say Moscow has signed a $1 billion deal with India to upgrade more than 60 MIG-29 jet fighters it had previously sold to New Delhi.

The reports Tuesday quote sources in Russia's defense manufacturing sector as saying a five-year contract calls for Russia to install new radars, weapons control systems and improved engines.

Russia will be upgrading fighter jets sold to India. The new deal will be worth a million dollars. This article shows one of the many way that Russia makes money. It also shows one of Russia's market ventures.

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