Rostec, July 11, 2016 - At the end of 2016, Rostec State Corporation and China will sign a contract for the joint manufacture of heavy helicopters.
Victor Kladov, Director for International Cooperation and Regional Development of Rostec, reported the news as part of Innoprom 2016.
"At the end of this year a firm heavy helicopter contract will be signed with Chinese partners," said Kladov in his speech, as reported by Rambler news agency.
This means an output of 200–300 helicopters during five years, Director for International Cooperation and Regional Development of the State Corporation added.
A corresponding intergovernmental agreement has been recently signed in Beijing in the presence of Vladimir Putin, President of the Russian Federation. According to the document, the Russian and Chinese parties will jointly design an advanced heavy helicopter (AHH) to organize its serial production in the People’s Republic of China and meet demand in the Chinese market.
Russian Helicopters will make investments in the project in the form of technologies, as well as develop the technical proposal and separate AHH systems on a contractual basis. Chinese state company Avicopter will oversee the AHH program management and implementation as a whole, including the design process, building of development models, testing, certification, preparation and serial manufacture, as well as market promotion of the helicopter and general coordination of work.
Russian Helicopters possess unique competencies in the development of heavy helicopters and are ready to assist their Chinese partners to realize this project.
Russian Helicopters (part of Rostec) is a global leader in the helicopter industry, and the only designer and manufacturer of helicopters in Russia. The holding company was founded in 2007. Its headquarters are located in Moscow. The holding company comprises five helicopter plants and two design studios, as well as components manufacturing and servicing enterprises, aircraft repair plants and a service company that provides aftersales support in Russia and overseas. The company’s products are purchased by the Russia’s Ministry of Defense, Interior Ministry, Emergency Ministry and other government customers, Gazpromavia and UTair airlines, and major Russian and foreign companies. In 2015 the IFRS-based earnings of Russian Helicopters grew by 29.5 % and amounted to 220 billion rubles, while its supply scope reached 212 helicopters.