The Russian Defence Ministry is to assign a new team of negotiators to the potential $1.5bn deal to purchase Mistral Class helicopter carriers from France, a ministry source has said.

“New representatives will take part in the next round of Russian-French Mistral talks. At the moment, they are receiving the necessary documentation on the contract,” the source added.

The contract neared closure last year over technology transfer issues between the two countries, which were latter settled during negotiations in January.

The countries will jointly build two Mistral Class helicopter carriers at STX shipyard in Saint-Nazaire, France, and the other two at Admiralty Shipyards in St Petersburg, Russia.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

The French Mistral Class amphibious assault ship is capable of carrying 16 helicopters, four landing vessels, 70 armoured vehicles and 450 personnel, according to RIA Novosti.