The Russian Defense Ministry has signed 200 contracts with United Aircraft Corporation (UAC) enterprises to produce, upgrade and maintain aircraft. There are receivables under a number of contracts with some United Aircraft Corporation companies. The meeting also discussed the implementation of presidential and governmental orders on transportation support for the Russian Armed Forces. Tass reported that A total of 200 contracts were signed with organizations of these companies on production, upgrade and maintenance of aircraft,” he said during a conference call with Russian Armed Forces’ commanders Tuesday. The payment schedule was approved at the beginning of the year.
The PJSC United Aircraft Corporation (UAC) is a Russian aerospace corporation. The UAC was created on 20 February 2006 by Russian President Vladimir Putin in Presidential Decree No. 140 to optimize production and minimize losses. With a majority stake belonging to the Russian government, it consolidates Russian private and state-owned aircraft manufacturing companies and assets engaged in the manufacture, design and sale of military, civilian, transport, and unmanned aircraft. Its headquarters are in Krasnoselsky District, Central Administrative Okrug, Moscow. Many of the corporation’s assets are located in various regions in Russia, with joint-ventures with foreign partners in Italy, India and China.
The United Aircraft Corporation started out producing the Tupolev Tu-154 “Careless”, the Tupolev Tu-204, the Ilyushin Il-96, the Ilyushin Il-114, and all of Mikoyan, Sukhoi, Yakovlev, Tupolev, and Ilyushin military aircraft; all created prior to the corporation’s creation. UAC enterprises carry out all the works upon creating and managing the full life cycle of aircraft. On 30 November 2021, the UAC board of directors approved the annexation to the corporation of both military aircraft producers Mikoyan and Sukhoi, previewed for 2022. The daily management of both is already made by UAC. The conglomerate finished the process of Mikoyan and Sukhoi absorption in June 2022. Relevant records were changed on June 1 in the United State Register of Legal Entities.