Russian Navy it operated over 1,000 fixed-wing aircraft with the majority being bombers such as the Tu-22M "Backfire" and the Tu-16 "Badger". Since the fall of the Soviet Union however, it has been significantly reduced in size. The Tu-22Ms have been transferred to the Aerospace Forces and since then the combat arm of the Naval Aviation is built around Sukhoi Su-33s, Mikoyan MiG-29Ks, with Sukhoi Su-30s and Sukhoi Su-34s replacing the obsolete Sukhoi Su-24s. As of 2007, the Russian Naval Aviation consists of the following components: The Russian Navy consists of four fleets and one flotilla with 3 of 4 fleets and
Sukhoi/HAL FGFA Sukhoi's director Mikhail Pogosyan stated: "We will share the funding, engineering and intellectual property in a 50–50 proportion", in an interview with "Asia Times". On 11 September 2010, it was reported that India and Russia had agreed on a preliminary design contract, subject to Cabinet approval. The joint development deal would have each country invest $6 billion and take 8–10 years to develop the FGFA fighter. In December 2010, a memorandum of understanding for preliminary design of the Indo-Russian fighter was reportedly signed between Hindustan Aeronautics Ltd (HAL), and Russian companies Rosoboronexport and Sukhoi. The preliminary design will cost $295