“TheCeļotājs”
"Latvia" Former Soviet Union Military Bases
 
Appendix X
 
United Aircraft Corporation
 
Type: Public Company
Traded as: MCX: UNAC
Industry: Aerospace and Defense
Founded: February 2006
Headquarters: Moscow, Russia
Key people: Sergei Ivanov "Chairman" 
                    Mikhail Pogosyan "Director-General"
Products: Military aircraft 
                Civil aircraft 
                Cargo aircraft
Revenue: US$5.6 billion "2010"
Owner(s): Russian Government "80.29%"
Employees: 100,000
Subsidiaries: Beriev 
                     Ilyushin 
                     Irkut 
                     Sukhoi 
                     Mikoyan 
                     Tupolev 
                     Yakovlev 
                     KNAAPO 
                     TAPO 
JSC United Aircraft Corporation "UAC" Russian: "Объединённая Авиастроительная Корпорация, Obyedinyonnaya Aviastroitelnaya Korporatsiya" "OAK" is a Russian open joint stock company. With a majority stake belonging to the Russian Government, it consolidates Russian private and state-owned aircraft construction 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. 
 
History
 
UAC was created in February 2006 by Russian President Vladimir Putin. In October 2007 the "Federal Financial Markets Service" registered a primary issue of common shares for the United Aircraft Building Corporation. The issue included 96,724,000,000 shares priced at 1 RUB "US$0.04". They also announced plans for a possible 10–15% share issue in 2008, planning to retain a 75% stake. Currently, after placing 5 additional share issues, the Corporation's chartered capital amounts to 174.61 billion. "RUB". The share of the Russian Federation in "UAC’s Chartered Capital is 80.29%.
 
In December 2007, the second largest and "state-owned" Russian Bank Vneshtorgbank "VTB" announced that it would sell its 5% share in EADS to UAC at market price. Later that month "VTB" sold its share in EADS to the state-owned Russian Development Bank "VEB". EADS already owns a 10% stake in Irkut which it plans to convert into UAC shares, leading to EADS and UAC owning shares of each other.
 
Production
 
UAC will realize seven projects proposed by the Russian Aircraft Industry, including the Sukhoi Super jet 100 formerly the "Russian Regional Jet" and a medium-range plane, MS-21 by "Irkut, Ilyushin and Tupolev:.
 
In 2009, UAC delivered 90 aircraft, including 17 passenger models. This figure includes 31 MiG-29 and two Su-34 fighter jets produced for the Russian Air Force. The company's revenues for 2009 were expected to be 115 billion–120 billion rubles. 
 
United Aircraft Corporation has been described as one of the so-called national champions, large companies that are expected not only to seek profit but also to advance the interests of the nation.
 
Company Structure
 
The former Russian defense minister, now Deputy Prime Minister Sergei Ivanov had been appointed as chairman of the board of the directors of the company and Alexei Fyodorov was selected as president and chairman of the management board of the corporation. Starting 28 February 2011, Mikhail Pogosyan was appointed the President of UAC.
 
The holding encompasses Irkut which includes Beriev, Irkutsk Aviation Plant, Russian Avionics Design Bureau, IRKUT AviaSTEP Design Bureau and BETA AIR Mikoyan, Sukhoi, Ilyushin, Tupolev, Beriev and Yakovlev. It has also been recently announced that the "TAPO Factory, in Tashkent, Uzbekistan", may also become a subsidiary of the group.
 
Current Products
 
Civilian
Cargo
Special Purposes
Military
 
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Revised: 01/29/2013 – 17:14:36