Monday, January 23, 2012

Syria signs US$550 million deal for 36 Yak-130s

Syria has signed a US$550 million contract to purchase 36 Yak-130 advanced training fighter planes from Russia, the Kommersant business daily reported Jan. 23rd. The deal was signed in December with Russia's Rosoboronexport state defense corporation, Kommersant cited a source close to the agency as saying, adding that production of the jets would begin once the advance payment was made. (Source: Agence France-Presse/defensenews.com)