India in talks with Russia for $ 5.5 billion Triumf missile shield deal
NEW DELHI: Jan 22 (INP) India has now begun final contract negotiations with Russia for the Rs 39,000 crore (over $5.5 billion) acquisition of five advanced S-400 Triumf air defence missile systems, which can detect, track and destroy hostile strategic bombers, stealth fighters, spy planes, missiles and drones at a range of up to 400 km and altitude of 30 km.
India wants to conclude the major deal in the 2018-19 financial year, with the first S-400 surface-to-air (SAM) missile system, with its associated battle-management system of command post and launchers, acquisition and engagement radars, and all-terrain transporter-erector-launcher vehicles, slated for delivery two years after the contract is inked.
INP/AH
