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Russia’s United Aircraft Corp. Set to Become Profitable in 2024

Russia’s United Aircraft Corp. Set to Become Profitable in 2024

DUBAI — Russia’s United Aircraft Corporation (UAC, part of Rostec) has repaid all critical debts it had accumulated, routinely servicing a 250 bln rubles ($3.4 bln) debt now, Chief Executive Officer of Russia’s state hi-tech corporation Rostec Sergey Chemezov told reporters on the sidelines of the…
Russia Touts Performance of New S-550 Air-Defense System

Russia Touts Performance of New S-550 Air-Defense System

DUBAI — Russia’s latest S-550 missile defense system will feature an extended target detection and missile range, which will be able to intercept any targets, Rostec CEO Sergey Chemezov told reporters on the sidelines of the Dubai Airshow.

“This is work that never stops and will carry on being …


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