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Friday, 2 April 2010 - China buys air defense systems from Russia |
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    Read more with google mobile : China buys air defense systems from Russia |

    Edition: U.S. Article Comments (3) Save Email Print Reprints Most Popular Most Shared Private sector hiring lifts March payrolls 11:17am EDT Tesoro says three dead in Anacortes refinery fire 10:16am EDT White House warns of bumpy road ahead on jobs 10:01am EDT Russia says Moscow bomber was teenage "Black Widow" 10:59am EDT Obama and Medvedev to sign landmark nuclear arms pact 10:53am EDT Private sector hiring lifts March payrolls 11:17am EDT Tesoro says three dead in Anacortes refinery fire 10:16am EDT White House warns of bumpy road ahead on jobs 10:01am EDT Russia says Moscow bomber was teenage "Black Widow" 10:59am EDT Obama and Medvedev to sign landmark nuclear arms pact 10:53am EDT China buys air defense systems from Russia Dmitry Solovyov MOSCOW Fri Apr 2, 2010 7:57am EDT Related News Factbox: Russia's ties with Venezuela: arms, energy, politics 7:33am EDT China to buy air defence systems from Russia-Ifax 4:36am EDT PREVIEW-Putin Venezuelan trip to focus on energy, arms Wed, Mar 31 2010 Israel to focus on key Iran nuclear targets in any strike Mon, Mar 29 2010 Israel to focus on key Iran nuclear targets in any strike Mon, Mar 29 2010 MOSCOW (Reuters) - Russia has delivered 15 batteries of S-300 anti-aircraft missiles to China, Interfax news agency reported on Friday, under a contract analysts said could be worth as much as $2.25 billion. World  |  China  |  Russia China is a major buyer of Russian weapons, and the two countries say they are trying to forge a strategic partnership, though senior Russian officials are privately concerned about an increasingly assertive China. Russia has delivered 15 S-300 batteries to China, Interfax news agency quoted Igor Ashurbeili, director general of Almaz Antei which makes the missiles, as saying. "We have implemented a contract to deliver to China the newest system S-300," Ashurbeili said. He gave no details about the value of the deal. A spokesman for the plant was not immediately available for comment. In Russia's armed forces, an S-300 battery normally consists of four truck-mounted installations, each with four missiles held in metal tubes. Analysts said the contracts to deliver the S-300 to China were signed in the mid-2000s and that each battery usually costs about $120-$150 million. That indicates the value of the Chinese contract was about $1.80-$2.25 billion. "The price for one S-300 battery varies between about $120 million and $150 million," said Konstantin Makiyenko, deputy head at the Moscow-based CAST defense think tank. MORE ADVANCED SYSTEM The S-300, known in the West as the SA-20, can shoot down cruise missiles and aircraft. The missiles have a range of 150 km (90 miles) or more and travel at over two km per second. Russian arms exports rose to a post-Soviet record of $8.5 billion last year, with Algeria, India and China accounting for two thirds of deliveries. Syria, Venezuela, Malaysia and Vietnam accounted for another 20 percent of deliveries. Moscow has said it plans to fulfill a contract to supply the S-300, nicknamed "the favorite" in Russia, to Iran, unnerving Israel and the United States. The possible sale to Tehran of the S-300, which could protect Iran's nuclear facilities against air strikes, has become a sensitive issue in Russia's relations with Israel. Russia has a more advanced air defense system, known as the S-400 "Triumph," and Ashurbeili said the country's armed forces were expected to receive the third battery of these "any day from now." A senior Russian general said last year that Moscow was now developing a fifth-generation, surface-to-air missile, the S-500, which would be able to implement the tasks of both air and space defense. Officials have said that the new system would be capable of engaging ballistic hypersonic targets flying at a speed of 5 km (3 miles) per second. (Editing by Diana Abdallah) World China Russia Comments See All Comments (3)  |  Post Comment Apr 02, 2010 8:21am EDT Why the US defense companies aren’t involved in that business to China – that’s just silly Story_Burn Report As Abusive     Apr 02, 2010 9:52am EDT Selling US weapons to China would be a conflict of interest. It tilts the balance of power, and gives away potential trade secrets, considering that the Chinese are known to dismantle weapons systems and then reverse engineer them. Not to mention, there is still tension between the US and China regarding Taiwan and China’s overwhelming support for North Korea. Zane Report As Abusive     Apr 02, 2010 10:22am EDT Great! We buy Toys from China and they buy weapons from Russia. We send jobs to China they buy weapons from Russia. Please someone tell me how long this situation will last? axiom321 Report As Abusive       See All Comments (3)       Add a Comment More from Reuters Private sector hiring lifts March payrolls WASHINGTON (Reuters) - U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help. Tesoro says three dead in Anacortes refinery fire White House warns of bumpy road ahead on jobs Russia says Moscow bomber was teenage "Black Widow" Obama and Medvedev to sign landmark nuclear arms pact Futures rise on stronger March jobs data » More Top News Special Report: iPad striptease: A peek inside Apple doesn't want you to know what's inside its new gadget, but two guys armed with heat guns and suction cups have other ideas. Reuters joins the race to break open the iPad.  Full Article  Reviews praise battery life, ease of use Want to see the iPad? Join the club Publishers place blind bet on iPad Will you buy the iPad? Apple iPad Special Report: Foreclosing on God Churches couldn't resist the temptation of few-questions-asked loans. Now they're paying for their sins. Inside the congregations that can't pay the bills.  Full Article  Thrifty faithful hurts churches FaithWorld: Charities hit by recession U.S. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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