UNITED24 - Make a charitable donation in support of Ukraine!

Weapons of Mass Destruction (WMD)

Russian Helicopters to Manufacture Some 200 Helicopters in 2016 - CEO

Sputnik News

12:36 06.04.2016(updated 12:43 06.04.2016)

Company's CEO Alexander Mikheev said that Russian Helicopters holding company plans to manufacture approximately 200 helicopters this year.

KAZAN (Sputnik) – The Russian Helicopters holding company plans to manufacture approximately 200 helicopters this year, the company's CEO Alexander Mikheev said Wednesday.

"Overall, in 2016 we have a common production program of 200 helicopters," Mikheev told reporters, without elaborating on production figures the previous year.

The 2016 estimate includes both Russian state defense orders and export-oriented production.

Russian Helicopters is a leading player in the global helicopter industry and one of the few companies worldwide with the capability to design, manufacture, service and test modern civilian and military helicopters, according to a statement on the company's website.

Russian Helicopters' earnings in 2014, in accordance with International Financial Reporting Standards (IFRS), increased by 22.8 percent with 271 helicopters delivered.

© Sputnik



NEWSLETTER
Join the GlobalSecurity.org mailing list