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Russian Helicopters and the Russian Ministry of Defense signed a contract on formation of the concept of a high-speed combat helicopter
24.08.2017 / Moscow

The "Russian Helicopters" holding (part of Rostec State Corporation) and the Russian Ministry of Defense signed a contract on formation of the concept of a high-speed combat helicopter within the framework of the International military-technical forum "Army-2017".

The contract between Russian Helicopters and the Ministry of Defense involves works on determining the technical appearance of the perspective high-speed combat helicopter. The construction bureaus included into holding are now developing this sphere. In these works, the reserve that has been created during the previous research works is used, including the results of flight tests of the flying laboratory of a perspective high-speed helicopter with a new main rotor.

"As of now, the holding has a significant scientific and technical reserve in the sphere of the perspective high-speed helicopter project - not only through the holding's own funds but also due to the state sources of financing. Both the Ministry of Defense and our holding believe the parameters received during the tests and the experience gained to be enough to move on to the next stage - the development of a high-speed combat helicopter. The contract signed today is a serious step towards the new generation of helicopter construction, with higher speeds and flight and technical characteristics," noted Andrey Boginsky, CEO of the "Russian helicopters" holding, on the results of the signing.

The contract is agreed for two years, and as a result of its implementation, the appearance of the combat helicopter should be determined and the technical task for the experimental construction works formed.

Russian Helicopters, (part of State Corporation Rostec), is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters was founded in 2007 and 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. Among Russian Helicopters customers - Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian and foreign corporations. In 2016 Russian Helicopters IFRS revenues reached RUB 214.3 billion. Deliveries reached 189 helicopters.

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 700 organisations, nine of which have now been formed as holding companies of the military-industrial complex, six of them are involved in civil industries and 32 are directly controlled. Rostec’s portfolio includes recognised brands such as Avtovaz, Kamaz, Kalashnikov Concern, Russian Helicopters, and VSMPO-AVISMA. Rostec’s organisations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2016 the consolidated revenue of Rostec reached RUB 1.266 trillion, while consolidated net income and EBITDA amounted to RUB 88 and 268 billion. In 2016 average salaries within the Corporation amounted to RUB 44 thousand. According to the new Rostec strategy, the new main goal of the Corporation is to facilitate technological advantage of Russia at highly competitive international markets. Planned volume of investments into development until 2025 is RUB 4.3 trillion. 

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