<p>India's Hindustan Aeronautics Limited (HAL) and Russia's United Aircraft Corporation (UAC)-Rosoboronexport officials signed the agreement here yesterday, according to a HAL press release.<br /><br />Approved as a joint project by both India and Russia, the aircraft would have a 15-tonne to 20-tonne payload capacity and would meet the requirements of the Indian Air Force and the Russian Air Force.<br /><br />The two countries plan to manufacture 205 MTAs soon after its development.<br />The MTA is likely to have a maximum takeoff weight of 65 tonnes touching cruise speeds of 800 kmph with a 2,500 km to 2,700 km range.<br />The aircraft, with two engines and state-of-the-art features such as fly-by-wire and full authority digital engine control, would have a service ceiling of 12 km. It is envisaged to have modern avionics and a glass cockpit.<br /><br />The total cost of development of the aircraft would be equally shared by both India and Russia along with 50 per cent work share between HAL and UAC-Rosoboronexport each.<br />Under the JV, both the Indian and Russian corporations would have equal shareholding.<br />The JV agreement was signed and exchanged by HAL's Director (Design and Development) N C Agarwal with Rosoboronexport's Head of Department (Air) S K Kornev and UAC General Director (Transport Aircraft) S V Velmozhkin.</p>
<p>India's Hindustan Aeronautics Limited (HAL) and Russia's United Aircraft Corporation (UAC)-Rosoboronexport officials signed the agreement here yesterday, according to a HAL press release.<br /><br />Approved as a joint project by both India and Russia, the aircraft would have a 15-tonne to 20-tonne payload capacity and would meet the requirements of the Indian Air Force and the Russian Air Force.<br /><br />The two countries plan to manufacture 205 MTAs soon after its development.<br />The MTA is likely to have a maximum takeoff weight of 65 tonnes touching cruise speeds of 800 kmph with a 2,500 km to 2,700 km range.<br />The aircraft, with two engines and state-of-the-art features such as fly-by-wire and full authority digital engine control, would have a service ceiling of 12 km. It is envisaged to have modern avionics and a glass cockpit.<br /><br />The total cost of development of the aircraft would be equally shared by both India and Russia along with 50 per cent work share between HAL and UAC-Rosoboronexport each.<br />Under the JV, both the Indian and Russian corporations would have equal shareholding.<br />The JV agreement was signed and exchanged by HAL's Director (Design and Development) N C Agarwal with Rosoboronexport's Head of Department (Air) S K Kornev and UAC General Director (Transport Aircraft) S V Velmozhkin.</p>