Turkey is ready to buy S-400 missile systems from Russia on a loan granted by Moscow, Rostec state corporation CEO Sergey Chemezov said in statements carried by Russia Today channel on Tuesday.

The S-400 is Russia's next-generation air defense system, carrying three different types of missiles capable of destroying aerial targets at a short-to-extremely-long range. 

The weapon is capable of tracking and destroying all existing aerial targets, including ballistics and cruise missiles.