China To Buy 300 Jet Engines For USD 3 Bln.

Serhiy Kamyshev, Ukraine?s ambassador to China, announced China?s intention to buy the engines on August 24. If the agreement is signed, it would be the largest contract ever obtained by the country?s producers of military equipment. Concorde Capital: Specific producers were not named, however, Motor Sich (MSICH: Buy), is country?s only serial producer of plane engines for both military and civil sector.