OAK

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The United Aircraft Corporation (OAK) is a Russian aerospace corporation operating under Rostec and involved in the development and production of aircraft such as the MS-21 and Yak-130M. It has agreed to supply 90 MS-21 aircraft to Aeroflot, with contract signing expected imminently, while also planning the remotorization of 50 SSJ-100s with domestic engines at an estimated cost of 115 billion rubles, financed by airlines. The company's stock has declined by 46.7% over the past year.

Recent coverage

• OAK delivered Su-30SM2 and Su-34 fighters to the Ministry of Defense — Коммерсантъ
• Rostec handed Su-30SM2 and Su-34 fighters to Russian forces — Вести
• OAK: Airlines will pay for SSJ-100 engine replacements at acceptable prices — Коммерсантъ
• Ministry of Industry and Trade Reveals Details on the Remotorization Program for 'Superjets' — Вести
• Replacing French engines on 50 SSJ-100 aircraft will cost 115 billion rubles — Вести
• Every third SSJ-100 in Russia will be equipped with new engines at the price of an aircraft — Коммерсантъ
• Aeroflot's Board of Directors to Receive Compensation Up to 50.3 Million Rubles — Интерфакс
• Rostec reports on the first flight of the Yak-130M experimental trainer-fighter prototype — Интерфакс
• New certification deadlines announced for MS-21 — Фонтанка
• New Russian aircraft will be subsidized for their initial 5-6 years of operation — Интерфакс
• OAK has agreed on a contract for the supply of 90 MS-21 aircraft to 'Aeroflot' — Коммерсантъ
• OAK prepares to sign contract with Aeroflot for delivery of 90 MS-21 aircraft — Вести
• OAO Stock Prices on Moscow Exchange Dropped by 7.7% — Ведомости