More Mi-17V5 for India
Signed during the visit of Russian President Vladimir Putin to India on December 2012, the new agreement expands the Mi-17V-5 order of 2008
Russian Helicopters, December 26, 2012 - Rosoboronexport and the Indian Ministry of Defence have signed an agreement on the delivery another consignment of Russia-made military transport Mi-17V-5 helicopters by 2015.
The agreement was signed during the visit of Russian President Vladimir Putin to India on December 24, 2012. The new consignment of Mi-17V-5 helicopters falls under a contract signed by the Defence Ministry of India and Rosoboronexport in 2008.
Furthermore, the visit of the Russian president to India resulted in the signing of a set of documents aimed at strengthening military-technical cooperation between Russia and India, including in helicopter manufacturing. India is a traditional buyer of Russian aircraft and presently has a fleet of 280 Russian-made helicopters. The Russian delegation accompanying President Putin expressed its confidence that Russia is capable of fulfilling India’s needs for both civil and military helicopters.
The Mi-17V-5 helicopters for the Indian Air Force are built by Kazan Helicopters, a subsidiary of Russian Helicopters. The Mi-17V-5 is one of the most advanced helicopters on the global marketplace, as well as in the Indian Air Force.
Today helicopters of the Mi-8/17 series are considered a symbol of the Russian aircraft manufacturing industry. The high level of interest in these rotorcraft is driven by the fact that they successfully employ the latest technological advances while also take advantage of experience gained in the use and operation of previous models. These modern helicopters, powered by the best engines and equipped with the latest avionics, have inherited the outstanding characteristics of their predecessors – superior reliability, simplicity and ease of use. The best in their class, these machines can fly a wide range of missions in conditions ranging from tropical and maritime climates to high altitude and desert environments.
Rosoboronexport, JSC is the only enterprise in Russia with the right to export the full range of military and dual-use products, technologies and services, part of Rostec. Rosoboronexport is one of the world’s leading arms companies, exporting more than 80% of Russian military equipment and working with more than 700 Russian enterprises and organisations in the defence sector. Russia collaborates in the military sphere with more than 70 countries.
Russian Helicopters, JSC is a subsidiary of UIC Oboronprom, which in turn is a part of Rostec. It is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. Over 8000 helicopters of Soviet/Russian make are operated in 110 countries worldwide. Traditionally the demand is highest in the Middle East, Africa, Asia-Pacific, Latin America, Russia, and CIS countries. Russian Helicopters was established in 2007. In 2011 its IFRS revenues increased 27.8% to RUB 103.9 billion. Deliveries reached 262 helicopters.
UIC Oboronprom, JSC is a multi-profile industrial and investment group established in 2002. It is a part of Rostec. Its main tasks include: helicopter engineering (Russian Helicopters, JSC) and engine-building (United Engine Industry Corporation managing company).
Rostec was established in 2007 to support Russian industry in developing, producing and exporting high-tech industrial products for civil and military use. The Corporation includes 663 companies, currently organised into 12 defence holdings and five holdings for civil industries. The Rostec companies has a presence in 60 of Russia’s regions, and exports its products to 70 countries. More than 900 thousand employees work at the Rostec companies – that is 2% of capabale of working population of Russia. In 2011 the Corporation had net income of RUB 45,6 billion, and paid RUB 100 billion into budgets of all levels.
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