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Putin Said to Seal $7 Billion Russian Arms Deal in India

Russian President Vladimir Putin may announce about $7 billion of weapons contracts, including for Sukhoi fighter jets, when he visits India next week, according to three people in the defense industry.

During Putin’s visit on Dec. 24, the two countries will announce contracts for 42 Sukhoi Su-30MKI jets, made by United Aircraft’s Irkut Corp., and almost 1,000 AL-31 warplane engines to be delivered through 2030, according to the three people who asked not to be identified because the information isn’t public. Putin’s spokesman, Dmitry Peskov, declined to comment.