India Buys Russian Aircraft Carrier

India finally sealed a deal Jan. 20 for a Russian aircraft carrier after more than a decade of haggling. The estimated $1.5 billion contract signed by Russian Defense Minister Sergei Ivanov and Indian Defense Minister George Fernandes calls on Russia to refurbish the Soviet-era Admiral Gorshkov within five years and transfer it to India. Moscow will also provide a reported complement of between 12 to 16 MiG-29K fighter jets for the carrier, as well as some helicopters. The two defense ministers did not finalize agreements on other Russian weapons that New Delhi is reportedly interested in, such as the Tu-22 Backfire bomber and Akula-class nuclear submarine.