The head of the state corporation Rostec, Sergei Chemezov, revealed details of the Turkish-Russian S-400 missile systems contract.
According to Chemezov, the deal is $2.5 billion worth and the first deliveries of the systems to Turkey will begin in March 2020. In total, Turkey will receive four divisions of S-400 surface-to-air missile divisions.
Chemezov added that Ankara will pay 45% of the cost up front with Russia providing loans to cover the remaining 55 percent.
Turkey is the first NATO member state that buys the S-400 missile system. The deal has caused concern in the West and is a clear indication of the deteorating US-Turkish relations.