Russia's Government allocates EUR843m for development of aircraft manufacturing in 2016

Russia's Government reported (06-Mar-2017) RUB52 billion (EUR843.4 million) was allocated for the development of the aircraft manufacturing industry in 2016, including RUB31.9 billion (EUR517.4 million) for research and development, as confirmed by Aviation Board chairman Dmitry Rogozin at the first board meeting. Mr Rogozin said: "The amount named by me seems large only at first glance". [more - original PR - Russian]