Russia Offers S-400 Triumph Missile Systems For $6 Billion To India

Russia has formally offered its S-400 Surface-to-air missile systems for $6 billion to India.

A deal is likely to be signed within the next few weeks, the sources add. Russia could also commence delivering the S-400 missile defense system to China by the end of the year; RBTH reported quoting a senior Russian defense official as saying Monday.

“The Federal Service has prepared a draft intergovernmental agreement on the supply of the S-400 systems to India and passed it on to our partners, so we are awaiting a response,” Vladimir Drozhzhov, deputy head of Russia’s Federal Service for Military-Technical Cooperation (FSMTC) was quoted as saying to TASS during DefExpo India exhibition in Goa last month.

Russia and India were expected to sign an agreement on the sale of the systems in December 2015 when Indian Prime Minister Narendra Modi visited Moscow for an annual summit. Sources close to the situation tell RBTH that differences on the price held back the signing of an agreement.