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NEW DELHI — India and Russia have sealed defense deals worth billions of dollars during a visit by the Russian president, in a move which reaffirms the long-standing strategic alliance between the two countries.

Calling Russia a key partner in the effort to modernize India's armed forces, Indian Prime Minister Manmohan Singh announced the deal to buy 71 military helicopters worth $1.3 billion, and kits to assemble 42 Sukhoi fighter jets worth $1.6 billion.

India and Russia were close allies during the Cold War days, with Moscow being the main supplier of India’s armed forces. But analysts say Russia has been losing out on India’s lucrative defense market in recent years, as New Delhi increasingly hands out contracts to countries such as Israel, France and the United States, establishing closer links with many Western countries.

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Russia Seals Major Arms Deal with India -- RIA Novosti
Russia signs $3bn arms deals with India -- RT
Russia, India Sign Weapons Deals Worth Billions -- NPR/AP
India to Buy 42 Fighter Jets, 71 Helicopters From Russia -- Wall Street Journal
Putin Concludes $3 Billion Aircraft Deals With India -- Radio Free Europe
Putin Signs $2.9 Billion Indian Deals in Trip to Top Arms Buyer -- Bloomberg Businessweek
India and Russia sign new defense deals -- Deutsche Welle
Russia to sell military aircraft to India -- Deutsche Welle
Putin steps up arms sales to India -- Al Jazeera
India, Russia ink military deals worth $2.9 billion -- Business Recorder
Defence deals are the takeaway as Indo-Russian summit in Capital is forced to move due to rape protests -- Daily Mail
FACTBOX - Russia and India's defence ties -- Reuters