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Wednesday, November 25, 2009

Update on China’s IL-76 buy.

According to the $1.5 billion contract signed in September 2005, Russia would deliver 34 IL-76 military cargo planes and four IL-78 Midas refueling tankers in 2006 (here). The time-frame for this delivery was pushed by Rosoboronexport citing production and cost related issues. The Chinese government suspended the contract after Rosoboronexport attached an additional $400 million USD to the

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