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United aircraft corporation

The meaning of «united aircraft corporation»

The PJSC United Aircraft Corporation (UAC) (Russian: Объединённая авиастроительная корпорация, tr. Obyedinyonnaya Aviastroitelnaya Korporatsiya (OAK)) is a Russian aerospace and defense corporation. 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.[10]

Many of the corporation's assets are located in various regions in Russia, with joint-ventures with foreign partners in Italy, India and China.[11]

After the Soviet Union's sudden collapse in 1991, the aerospace industry of Russia was in turmoil. An excessive amount of imports and highly protective tariffs devastated the manufacturing industry, both the aerospace and the automotive industry.[12] The military aircraft industry was able to benefit from improving export possibilities by profiting from a large storage of components and parts from Soviet times, while the civilian aircraft industry suffered losses and production of civilian aircraft diminished. For example, in 1990, Russia produced 715 aircraft. 8 years later, that number decreased by 661 to only 56 aircraft. In 2000, only 4 civilian aircraft were produced.[13] In order to solve this, the president of Russia at that time, Boris Yeltsin, decided that consolidation was necessary, and created the VPK-MAPO (Military Industrial Complex – Moscow Aircraft Production Association), which includes companies such as Mikoyan. The consolidation wasn't successful and MAPO later merged with Sukhoi.[14]

The UAC was created on 20 February 2006 by Russian President Vladimir Putin in Presidential Decree No. 140 by merging shares from Ilyushin, Irkut, Mikoyan, Sukhoi, Tupolev, and Yakovlev as a new joint-stock company named the OJSC United Aircraft Corporation in order to optimize production and minimize losses. The UAC stated the reason why the corporation was created was to protect and develop the scientific and industrial potential of the Russian aircraft industry, the security and defense of the state, and the concentration of intellectual, industrial, and financial resources to implement long-term aviation programs.[15] The United Aircraft Corporation started out producing the Tupolev Tu-154 "Careless", the Tupolev Tu-204, the Ilyushin Il-86 "Camber", 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.

In February 2007, the UAC presented its first aircraft and the first military aircraft designed and exported under the UAC brand, the Mikoyan MiG-35, designated by NATO as "Fulcrum-F" and a Generation 4++ jet fighter by Mikoyan.[16] The MiG-35 was officially presented during the Aero India 2007 air show in Bangalore, India and officially unveiled when the Russian Minister of Defense, Sergei Ivanov, visited the Lukhovitsky Machine Building Plant "MAPO-MIG".[17] The MiG-35 was a contender for its fourth generation counterparts in the Indian MRCA competition but was taken out of the competition in April 2011.[18] The MiG-35 would be adopted by the Russian Air Force and was planned to be introduced in 2018.[16]

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