United Aircraft Corporation

The PJSC United Aircraft Corporation (UAC) 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. Many of the corporation's assets are located in various regions in Russia, with joint-ventures with foreign partners in Italy, India and China. History Predecessor 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. 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. Eight years later that number decreased by 661 to only 56 aircraft. In 2000 only 4 civilian aircraft were produced. 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 was not successful and MAPO later merged with Sukhoi.