Funding and Future Developments
In November, 2010, The Aeronautical Development Agency (ADA) had sought $2-billion (approximately 9,060 crore) fund for the development of the advanced medium combat aircraft (AMCA).
PS Subramanyam subsequently stated, “We have just started working on this fifth-generation aircraft, for which we had already received sanctions to the tune of Rs 100 crore. The way the government is cooperating, I am able to say that we will receive the funding ($2 billion) in the next 18 months.”
Funding will initially be utilized to develop two technology demonstrators and seven prototypes. The first flight test is expected to take place by 2017.
Read more about this topic: Advanced Medium Combat Aircraft
Famous quotes containing the words future and/or developments:
“Whoever influences the child’s life ought to try to give him a positive view of himself and of his world. The child’s future happiness and his ability to cope with life and relate to others will depend on it.”
—Bruno Bettelheim (20th century)
“I don’t wanna live in a city where the only cultural advantage is that you can make a right turn on a red light.
Freedom from labor itself is not new; it once belonged among the most firmly established privileges of the few. In this instance, it seems as though scientific progress and technical developments had been only taken advantage of to achieve something about which all former ages dreamed but which none had been able to realize.”
—Hannah Arendt (1906–1975)