Thursday, 22 February, 2018

Turkey secures missile deal with Russian Federation

Contract to deliver Russian S 400 missiles to Turkey 2 5 billion dollars 925 001 Russian S-400 TEL Transporter Erector Launcher mobile unit
Andrew Cummings | 30 December, 2017, 01:29

The S-400 is Russia's most advanced long-range anti-aircraft missile system with a capacity of carrying three types of missiles capable of destroying targets including ballistic and cruise missiles. Turkey will be the first North Atlantic Treaty Organisation member country to purchase the system.

But relations have since gone from strength to strength, with Moscow and Ankara cooperating over Syria and President Recep Tayyip Erdogan and Russian counterpart Vladimir Putin meeting eight times in 2017 alone.

The Hurriyet Daily News newspaper said the loan deal for four S-400 surface-to-air missile batteries was signed in the Turkish capital Ankara on Friday.

He noted Moscow was expected to begin the first deliveries in March 2020 and that Turkey was the first North Atlantic Treaty Organisation member state to acquire the advanced S-400 missile system.

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"They are paying 45 percent of the total contract amount as an advance".

Turkish newspapers report Erdoğan plans to pay 45% up front and borrow the rest in loans from Russian Federation.

The deal, reportedly worth about $2.5 billion, has caused concern in the West because Turkey is a member of North Atlantic Treaty Organisation and the antiaircraft weapon systems can not be integrated into the alliance's defenses.

The missiles have a maximum range of 400 kilometers and are capable of reaching targets at a maximum altitude of 30 kilometers. The delivery of the first battery was scheduled for the first quarter of 2020, the statement said.

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