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Algeria has agreed to purchase at least 50 MiG-29 fighters at a cost of $1.5 billion-$1.7 billion. Algeria already has 193 Soviet-made jet fighters and intends to replace them all.
MiG General Director Valerii Toryanin said that MiG is currently working on 140 contracts with 28 different countries. Neither MiG nor the Algerian government would comment on the reported fighter deal. According to a report, MiG is in the final stages of negotiating a $150 million contract to provide 12 Ka-52 military attack helicopters to Yemen. Toryanin said that the contract will be concluded “in the immediate future.”
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