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- MiG Corporation is 70 years old
- United Aircraft Corp buys 100% stake in MiG aircraft maker
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A 400 million-euro ($570 mln) contract has been signed for the delivery of Russian MiG-29 fighters for the Myanmar Air Force, a source close to Russia's arms export monopoly told a business daily on Wednesday.
Vedomosti quoted the source at Rosoboronexport as saying the Russian bid to supply MiG-29 Fulcrum-D carrier-based fighter jets beat China's offer to sell its latest J-10 and FC-1 fighters.
Myanmar was rearmed with Chinese military aircraft worth some $2 billion in the 1990s, the paper said.
The country bought 12 MiG-29 fighters in 2001, but this contract is the largest since the 2007 unfulfilled contract to supply Algeria with 34 MiG-29 fighters.
In 2008, a contract for the supply of six MiG fighters was signed with Sri Lanka.
Russian Defense Minister Anatoly Serdyukov announced last year that Russia would give Lebanon 10 MiG-29 fighter jets for free, Vedomosti said.
MOSCOW, December 23 (RIA Novosti)
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