United Aircraft Corp to supply over 20 planes annually to DM

ZHUKOVSKY, August 16 (Itar-Tass) — The United Aircraft Corporation (UAC) will supply annually over 20 aircraft to the Russian Defense Ministry from 2011, said on Tuesday president of the United Aircraft Corporation (UAC) Mikhail Pogosyan, speaking at a press conference after the opening of the 10th International Aerospace Show MAKS-2011.

“We hope that we shall supply annually over 20 aircraft to the Defense Ministry in the near future,” Pogosyan said. “I believe that Defense Ministry orders will amount to 50 percent of our portfolio.”

“The MAKS exhibition is the most representative for the UAC,” he noted. “The show presents the fullest exposition in all areas of our operations. For instance we exhibit the entire range of manufactured warplanes”. He noted “the share of orders by the Defense Ministry will amount to over 50 percent of the portfolio of UAC enterprises in the next decade”.

More than 1,500 new planes and helicopters are to be supplied under the state programme of armaments till 2020. As a result, the share of advanced machinery of the Air Force is to total at least 80 percent. In 2010 the Defence Ministry purchased 27 planes and over 50 helicopters.

The UAC was established in February 2006. Its authorized capital edges on 202 billion rubles. The state possesses 83 percent of shares. The UAC incorporates the Sukhoi Aviation Holding Company, the Irkut Corporation, Tupolev, Aviastar-SP, the Ilyushin Aviation complex, the Voronezh Joint Stock Aircraft Company, the Ilyushin Finance Co., the Kazan Aircraft Amalgamation named after S.P. Gorbunov, the Komsomolsk-on-Amur Aircraft Amalgamation named after Yuri Gagarin, the Sokol Aircraft Factory in Nizhny Novgorod, the Novosibirsk Aircraft Amalgamation named after Valery Chkalov, the UAC-Transport Planes, the Sukhoi Design Office, the Experimental Design Bureau named after A. Yakovlev, the Russian MiG Aircraft Corporation, the Taganrog Aviation; the Taganrog aviation research complex named after G. M. Beriev, the Finance Leasing Company and the Experimental Engineering Factory named after V.M. Myasishchev.

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