Russia is in talks with French military manufacturer Panhard on the purchase of 500 light armored vehicles for its border guards, a Russian military think-tank said on Friday.
"Negotiations are being held on [the purchase of] 3.1-ton light armored vehicles Vehicule Blinde Leger on a 4x4 wheel platform," the Center for the Analysis of the World Arms Trade said on its website, citing Panhard Chairman Christian Mons.
The contract could amount to $260 million, the statement said.
The vehicles are meant for the Federal Security Service border guards.
Russia is also continuing talks with France on a $2 billion contract to buy Mistral class helicopter carriers for the Russian Navy.