United Aircraft Corporation owned by Government of Russia
The PJSC United Aircraft Corporation (UAC) (Russian: Объединённая авиастроительная корпорация, tr. Obyedinyonnaya Aviastroitelnaya Korporatsiya (OAK)) 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.First years
The UAC was created on 20 February 2006 by Russian President Vladimir Putin in Presidential Decree No. 140 by merging shares from Ilyushin, Irkut, Mikoyan, Sukhoi, Tupolev, and Yakovlev as a new joint-stock company named the OJSC United Aircraft Corporation in order to optimize production and minimize losses. The UAC stated the reason why the corporation was created was to protect and develop the scientific and industrial potential of the Russian aircraft industry, the security and defense of the state, and the concentration of intellectual, industrial, and financial resources to implement long-term aviation programs. The United Aircraft Corporation started out producing the Tupolev Tu-154 "Careless", the Tupolev Tu-204, the Ilyushin Il-96, the Ilyushin Il-114, and all of Mikoyan, Sukhoi, Yakovlev, Tupolev, and Ilyushin military aircraft; all created prior to the corporation's creation.2020-present
On 30 November 2021, the UAC board of directors approved the annexation to the corporation of both military aircraft producers Mikoyan and Sukhoi, previewed for 2022. The daily management of both is already made by UAC. In January 2022, UAC shareholders approved the annexation. As of 2022, UAC was 88 percent owned by Rostec.On 22 March 2022, it was remarked that the Russian aviation industry was not even receiving imported parts already paid for as a result of the 2022 Russian invasion of Ukraine.The company and its CEO Yury Slyusar were sanctioned by the British government on 24 February 2022, as it was judged to have aided in the Russian invasion of Ukraine. In May 2022 the United States Department of the Treasury placed sanctions on Slyusar pursuant to Executive Order 14024 as a member of the Government of Russia.The conglomerate finished the process of Mikoyan and Sukhoi absorption in June 2022. Relevant records were changed on June 1 in the United State Register of Legal Entities.President
According to the UAC, the President is the sole executive body of PJSC UAC with functions of the Chairman of the Management Board. The President is empowered to decide all issues pertaining to the Corporation's current activities, except for matters falling within the competence of the General Shareholders' Meeting, the Board of Directors and the Management Board.
Before January 2015: Alexei Fyodorov
January 2015–present: Yury SlyusarVice Presidents
First Vice President: Alexander Tulyakov
Vice President for State Defense Order and Service Support of State Aviation Aircraft: Alexander Bobryshev
Vice President for special-purpose aviation: Sergey Gerasimov
Vice President of Economics and Finance: Demidov Alexey
Vice President for Security: Koval Artur
Vice President of special purpose and strategic aviation: Konyukhov Alexander
Vice President for Innovations: Sergey Korotkov
Vice President of Civil Aviation: Vladislav Masalov
Vice President for Military Aviation: Igor Ozar
Vice President - Head of the Office: Alexander Skokov
Vice President for Production: Sergey Yurasov
Former member: Alexey Rogozin