Rostec Corporation participates in Dubai Airshow 2017

Dubai, November 13, 2017 Rostec Corporation participates in Dubai Airshow 2017 that takes place from 12th to 16th November in Dubai, UAE. The Corporation and its holding companies will showcase newest civil and military developments.

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Rostec’s exposition at the Dubai Airshow 2017 will include military reconnaissance and battle helicopter KA-52, multi-functional frontline fighter MiG-29M, combat-transport helicopter Mi-35M, defending guided missile system C-400 Triumph, air defense missile system Pantsyr – S1 that will be demonstrated by means of the latest exhibition technologies. The interactive panels allow to get a detailed description of the air vehicles, their parameters, see photos of their real-life prototypes and videos on their usage.

The jewel of the Russian exposition is a new Russian multi-mission supermanoeuverable fighter Su-35S that is demonstrated at Dubai Airshow for the first time. SU-35S is equipped by a brand new system of avionics produced by KRET (part of Rostec), and new engines developed by United Engine Corporation (UEC) holding (part of Rostec). These engines allow the aircraft to build up hypersonic speed without afterburner by that drawing Su-35S to aerotechnics of the 5th generation.

“We intend to further expand our presence in Middle East and we would happy to offer our services in number of projects to our partners. Rostec has a wide range of innovative technologies that are in demand in the region, – said CEO of Rostec Corporation Sergey Chemezov. – Taking into account the rapid development of our aircraft engine building technologies, Rostec is ready to deliver aircraft industry products and technologies along with integrated maintenance service for aircraft engines to its partners in Middle East”.

Rostec is going to conduct series of meetings with delegations from different countries of the region. Middle East is one of the key regions for Rostec. In this regard Rostec is ready to offer its partners technological solutions for electric power projects, including repair and modernization of existing power supplies and building new electro generated plants, in   modernization and construction of new “turn-key project” airports and creation of air traffic control systems, as well as in wastewater treatment.

Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry, as well as 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Kalashnikov Concern, Russian Helicopters, VSMPO AVISMA, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to more than 70 countries. In 2016, the consolidated revenue of Rostec reached 1.266 trillion rubles, while the consolidated net income and EBITDA amounted to 88 billion and 268 billion rubles respectively. In 2016, the average salary in the Corporation was 44,000 rubles. According to Rostec’s strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and the digitalization of the Russian economy.