Aviation
Military /
Russia
military complex
Sukhoi and MiG complete merger with Uited Aircraft Corporation
Sukhoi Su-35
CC BY-SA 3.0
Rafael Ramos
6/3/2022
The Russian press service announced that Sukhoi and MiG have completed their merger with United Aircraft Corporation, a member of the state-owned Rostec corporation.
Founded in 2006, Rostec has more than 700 companies in Russia such as Ilyushin, Irkut, Tupolev and Yakovlev, including almost the entire military complex in the country.
The merger had already been approved in November 2021, being supported by shareholders in January 2022.
Although the merger was concluded for legal purposes on June 1, the management of the companies was already centralized. The companies had been working at the same facility since March.
UAC Director General Yuri Slyusar says the companies will continue to create aircraft of the future, including unmanned systems and hybrid solutions.
“The reorganization completes one of the important stages of UAC's corporate transformation, which involves, among other things, the transition from a three-tier corporate management structure to a two-tier corporate management structure. At the same time, the strong and world-renowned Sukhoi and MiG brands will remain and authorized design schools will continue to develop", quotes Rostec CEO Sergei Chemezov.
MiG 29
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Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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