Given the huge potential in military avionics, Indian aerospace firm Axis Aerospace and Technologies (AAT) and Russian defence exporter FGUP Rosoboronexport Monday announced they have signed an agreement to start a joint venture focusing on avionics for IAF's front line Sukhoi SU-30 and MiG-29 fighter jets, as also military helicopters. Apart from these Russian-origin platforms, the JV will also work on the new fighter jet from the Mikoyan stable, the MiG-35, which is one of the contenders in India's $10.4-billion tender for 126 combat aircraft. 'The JV will focus on creation of cutting-edge technology for aerospace and defence applications in...