01 November 2008
India and Russia in Pissing Contest Over Carrier Refit
India has rejected Russian demands for an additional $1.2 billion for the refit of the Admiral Gorshkov, which the Sevmash shipyard is reconfiguring to a STOBAR configuration.
Considering the fact that the initial deal was for $1.5 billion, I'm not surprised.
Considering the fact that the initial deal was for $1.5 billion, I'm not surprised.
Labels:
Business
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Defense Procurement
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Naval
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Russia
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South Asia
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