According to the daily "Izvestia", India is planning to purchase 250 Russian fifth-generation fighters, PAK-FA. The Russian equivalent to the American F-22 will be designated by the Indians as "FGFA."
Russian "United Airspace Company" (OAK) and India's Hindustan Aeronautics Ltd. (HAL) are currently moving closer to the memorandum of understanding for the production of the aircraft for the two nations' air forces. In November 2007, both nations signed an agreement to jointly produce this jet fighter, but it took two years to resolve questions regarding intellectual property rights. The total cost of this deal is valued between $8 and $10 billion. Russia is expected to receive the new fighter in 2015, India will get it in 2017.
