India Signs $5 Billion Deal for five S-400 air defense system

India Signs $5 Billion Deal for five S-400 air defense system

India has signed a $5 billion deal with Russia to buy five S-400 air defense systems on Friday in New Delhi.

“The deal was signed on the fringes of the summit,” Kremlin spokesman Dmitry Peskov told Reuters. The contract is estimated to be worth more than $5 billion and gives the Indian military the ability to shoot down aircraft and missiles at unprecedented ranges.

But the United States has said countries trading with Russia’s defense and intelligence sectors would face automatic sanctions under a sweeping legislation called Countering America’s Adversaries Through Sanctions Act (CAATSA).

The S-400 is one of the most sophisticated surface-to-air defence systems in the world. It has a range of 400km (248 miles) and can shoot down up to 80 targets simultaneously, aiming two missiles at each one.

Source: www.defenceandtechnology.com
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