RUSSIA, INDIA NEAR A DEAL ON TANK AMMUNITION

PanARMENIAN.Net
June 29, 2012 - 15:50 AMT

PanARMENIAN.Net - Russia is nearing a deal with India on manufacture
and delivery of advanced tank ammunition, Rosoboronexport, a state-run
arms exporter, said on Friday, June 29.

"The first round of negotiations on the delivery of 3UBK20 (Mango)
tank ammunition has been completed and the second round - on its
licensed manufacture in India - will start on Monday," company deputy
head Igor Sevastyanov said.

He did not specify the volume of deliveries, only saying it was "big."

Russia has already started building a joint venture in India to
manufacture rockets for Smerch multiple rocket launch systems, he said.

Another Rosoboronexport official, Viktor Komardin, earlier said Russian
arms sales to India could be worth an estimated $3 billion a year,
RIA Novosti reported.