Russia To Deliver 12 Warplanes To Vietnam Under $500 Million Contract
Russia will supply 12 Su-30MK2 Flanker multi-role fighters to Vietnam under a contract worth more than $500 million, a Russian business daily reported on Thursday.

Vedomosti said the contract, which does not include weaponry, was signed between Russian arms export monopoly Rosoboronexport and the Vietnamese Defense Ministry in January, but was not disclosed until now.

Deliveries are to start in 2010.

Experts say the price of missiles, guns, and other equipment could run to an additional several hundred million dollars.

Last month, Admiralty Shipyards in St. Petersburg announced it would build six Kilo class diesel-electric submarines for Vietnam.