08-Sep-2010 3:32 PM
UAC to invest USD300 million in MS-21 facilities – Suppliers Share Wrap
Analysis
Russia's stated-owned United Aircraft Corporation (UAC) announced plans to invest USD300 million in infrastructure to support Irkut's new MS-21 narrowbody. Irkut's main manufacturing site, which currently produces military aircraft, will undergo upgrades. In addition, new manufacturing facilities will be established in Ulyanovsk, for wings and composite materials, and in Kazan, for aircraft components.
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