Sergey Chemezov, CEO of Rostec State Corporation, has confirmed an export order from India to supply 48 Mi-17V-5 medium-lift military helicopters.

“Negotiations with the Indian side on the delivery of 48 Mi-17V-5 helicopters have been completed; we expect to sign the corresponding contract in the first quarter of 2018.”

“Our helicopter meets all the requirements presented in the tender documentation, and its technical characteristics exceed our competitors. We already have a solution for the naval version of this helicopter with folding blades.”

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Mi-17V-5 is a military transport variant in the Mi-8/17 family of helicopters. It is produced by Kazan Helicopters, a subsidiary of Rostec State Corporation.

Designed to transport cargo inside the cabin and on an external sling, the Mi-17V-5 is one of the world’s most advanced helicopters. It can also be deployed in troop and arms transport, fire support, convoy escort, patrol, and search-and-rescue (SAR) missions.

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“If the Ministry of Defence of India selects the Ka-226T, India can save money significantly. Thanks to the project for joint production of helicopters, there are opportunities for joint maintenance, training of pilots and mechanics and other related costs,” noted Sergey Chemezov.