India Puts MiG-29 Upgrade Back on Track to Approval

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* One more time folks
 India Puts MiG-29 Upgrade Back on Track to Approval
NEW DELHI — After nearly a year of stalemate in Indo-Russian defense deals, the Indian Defence Ministry has cleared a contract to upgrade 67 Indian Air Force MiG-29 fighter jets by Russian Aircraft Corp. (RSK) MiG.   Final approval will be given by the Cabinet Committee on Security at its next meeting, sources said.   Sources reported that India had agreed to pay about 10 percent more than RSK’s original bid of $800 million, but a senior Defence Ministry official declined to confirm that.   â€œThe price has been settled to the satisfaction of the Indian Air Force,” the official said.
ndia denied RSK’s request to be prime contractor, reserving the right to buy the subsystems for the upgrade, which include precision-guided missiles from Israel’s Rafael and may include avionics and electronic-warfare gear from Elbit of Israel and Thales of France.

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http://www.defensenews.com/story.php?F=3358879&C=asiapac

A quote from the end of the story

If this happens, the Pakistan Air Force (PAF) would have numerical superiority over the Indian Air Force for the first time in 60 years. The PAF currently has 30 squadrons and plans to increase the number to 34 this year.