MiG and Sukhoi merge, Sukhoi Holding - ОАО "Компания "Сухой"
Release Date: 2009-03-04
As Mikhail Pogosyan, General Director of Sukhoi Holding, informed Vesti TV channel, MiG and Sukhoi will complement each other and not compete.Integration of the two basic companies in Russian aviation is a logical step forward in developing the strategy of United Aircraft Corporation (UAC) that envisages the merge of the assets of transport, civil and military aviation. As Pogosyan noted, today Sukhoi and MiG render over 60% of the total supplies of aviation equipment produced by UAC enterprises. According to him, integration of the two companies is necessary for successful competition on the global market, and he sees his role as both integrator of the production and safeguard of the independence of the two companies and of the segments that each of the companies operates in.
Sukhoi is already part of UAC. Entry of MiG in UAC is the next step of developing the Corporation. Pogosyan said that, before discussing how both companies will work together, it is necessary to solve MiG’s current problems. The brands will remain after the merge, as well as their product ranges, which will be complementary for a broader satisfaction of the contractors for this type of aircraft.
A military aviation business unit will be created on the basis of MiG and Sukhoi, according to Mikhail Pogosyan. This business unit will become the daughter structure of UAC. He also mentioned plans to create a managing company that will coordinate the work of this business unit, keeping the current executive bodies in each of the member companies.
Today Su and MiG jet fighters hold 25% of the world market of military aviation, as Mikhail Pogosyan informed the press during Bangalore’s Aero India 2009. Pogosyan was appointed General Director of Russian Aircraft Corporation (RAC) MiG in December, 2008.
| Type: | NORMAL |
| Company: | Sukhoi Holding - ОАО "Компания "Сухой" |
| Country: | Russian Federation |