September 29, 2010
HAL Releases Details on MTA Joint Venture with United Aircraft Corporation, Rosoboronexport
The Aircraft will have two engines, state of the art features such as fly-by-wire, full authority digital engine control, modern avionics and glass cockpit. Total development cost is around USD 600.70 million (approx Rs. 2900 crores) to be equally shared by both the sides. It is planned to manufacture 205 aircraft with 50:50 work share between HAL and the Russian partners.
A Joint Venture Company (JVC) is being established with its headquarters at Bangalore, India for executing the MTA project in which HAL and Russian Participants will have equal shareholding.
Payload capacity 15-20 tonnes
Maximum takeoff weight 65 tonnes
Cruise speed 800 kilometers per hour
Range 2500-2700 kilometers
Service ceiling 12 kilometer
Posted by NJS at 12:29 PM