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Rostec to Merge Russia’s Big Aerospace Players


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MIAMI – According to Rostec, United Aircraft Corporation (UAC), Sukhoi and Mikoyan-Gurevich will merge into a single aircraft manufacturing hub in Moscow. UAC includes famous names such as Ilyushin, Irkut, Tupolev, and Yakovlev. According to Rostec, around US$1.7bn is planned to be saved as a result of the big merger. “Structural transformations, a cost optimization […]

The post Rostec to Merge Russia’s Big Aerospace Players appeared first on Airways Magazine.

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