MOSCOW. Nov 11 (Interfax-AVN) - The Saturn Research and Production Association, based in Rybinsk, the Yaroslavl region, plans to sign a contract on delivering AL-55 aircraft engines to be mounted on training aircraft to India, Saturn Director General Yury Lastochkin has said.
"The contract will have been signed by the turn of the year. It envisions handing over the production license to the Indian HAL Company for $30 million, and manufacturing the first batch of aircraft engines in Russia for $200 million," Lastochkin said in an interview with the Vedomosti newspaper, published on Thursday.
According to Lastochkin, the AL-55 engine proper to be mounted on Indian trainers is now being developed.
"The engine will certainly be mounted on Russian aircraft of the same type in the future," he said.
According to him, the SaM-146 aircraft power plant to be mounted on the RRJ, being designed by the Sukhoi Company, which is developed jointly with French Snecma, remains the priority for Saturn.
"Saturn and Snecma are to invest $670 million in the engine development," he said.
According to him, the new engine will meet all requirements, which may emerge in the world in the next 20 years.