TEHRAN (defapress) – The cost of delivering the S-400 missile defense system to Turkey will exceed $2 billion, an official with Russia's state-run defense company Rostec said on Thursday.
News ID: 66817
Publish Date: 02November 2017 - 14:57
"The cost of the S-400 deal with Turkey is worth more
than $2 billion," Sergey Chemezov, the CEO of Rostec, was quoted as saying
by Russia's official TASS news agency.
Turkey recently agreed to purchase the S-400 system from
Moscow. Previously, Russian presidential aide Vladimir Kozhin said Moscow
received an "advance payment" from Turkey for the defense system.
Meanwhile, the executive committee of Turkey’s Defense
Industry Undersecretariat convened on Thursday to discuss the modernization of
the Turkish Armed Forces (TSK) and improvements in the defense industry
The committee will also address in detail the deal for the
purchase of the S-400 missile system.
Chaired by Prime Minister Binali Yildirim, the meeting
included National Defense Minister Nurettin Canikli and Interior Minister
Suleyman Soylu for the first time.
Chief of General Staff Hulusi Akar and Defense Industry
Undersecretary Ismail Demir also attended.
In recent years, Turkey has sought to build its domestic
defense industry to reduce reliance on foreign suppliers.
The S-400 is Russia’s most advanced long-range anti-aircraft
missile system and can carry three types of missiles capable of destroying
targets, including ballistic and cruise missiles.
It can track and engage up to 300 targets at the same time
and has an altitude ceiling of 27 kilometers (17 miles).