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Russia’s Rostec inks over $3 billion in deals to supply 160+ aircraft at MAKS 2021 Air Show | Russia’s Rostec inks over $3 billion in deals to supply 160+ aircraft at MAKS 2021 Air Show |
(about 2 months later) | |
Russia’s state defense conglomerate Rostec has signed 230 billion rubles ($3.1 billion) worth of contracts for the supply of 161 aircraft during the MAKS 2021 Air Show. | Russia’s state defense conglomerate Rostec has signed 230 billion rubles ($3.1 billion) worth of contracts for the supply of 161 aircraft during the MAKS 2021 Air Show. |
The contracts include 77 airplanes, Rostec, which incorporates Russia’s 14 leading defense industry companies, revealed on Friday. | The contracts include 77 airplanes, Rostec, which incorporates Russia’s 14 leading defense industry companies, revealed on Friday. |
“The structures of the Rostec state corporation reached agreements to supply 161 aircraft. In particular, UAC will deliver 58 Sukhoi Superjet 100 and 19 regional Il-114-300 airplanes to customers. Russian Helicopters concluded agreements to deliver 84 helicopters, including the Mi-171A3, the Ka-62, the Mi-38, the Mi-8, and Ansat [models],” Rostec CEO Sergey Chemezov said, as cited by the company’s press service. | “The structures of the Rostec state corporation reached agreements to supply 161 aircraft. In particular, UAC will deliver 58 Sukhoi Superjet 100 and 19 regional Il-114-300 airplanes to customers. Russian Helicopters concluded agreements to deliver 84 helicopters, including the Mi-171A3, the Ka-62, the Mi-38, the Mi-8, and Ansat [models],” Rostec CEO Sergey Chemezov said, as cited by the company’s press service. |
The company presented about 500 products at the air show with some 50 newly developed models, including airplanes, helicopters, unmanned aerial vehicles, engines and many more. | The company presented about 500 products at the air show with some 50 newly developed models, including airplanes, helicopters, unmanned aerial vehicles, engines and many more. |
“The outcome of the air show exceeded our expectations. Our companies inked agreements with partners amounting to 230 billion rubles,” Chemezov stated. | “The outcome of the air show exceeded our expectations. Our companies inked agreements with partners amounting to 230 billion rubles,” Chemezov stated. |
Earlier this week, Russia’s state arms exporter Rosoboronexport (part of Rostec) signed 13 export contracts to deliver Russian-made defense products including airplanes, helicopters, radars, aircraft munitions, armored and motor vehicles for over $1.3 billion. | Earlier this week, Russia’s state arms exporter Rosoboronexport (part of Rostec) signed 13 export contracts to deliver Russian-made defense products including airplanes, helicopters, radars, aircraft munitions, armored and motor vehicles for over $1.3 billion. |
Among the state-of-the-art developments unveiled by Rostec at MAKS-2021 is Sukhoi’s new single-engine supersonic stealth fighter Checkmate, designed to rival the US F-35, but intended to be superior in quality yet far cheaper. | Among the state-of-the-art developments unveiled by Rostec at MAKS-2021 is Sukhoi’s new single-engine supersonic stealth fighter Checkmate, designed to rival the US F-35, but intended to be superior in quality yet far cheaper. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |