Sat, Jan 15, 2005
Sales are worth $1.5 Billion, over 20% of all military aviation
exports
The Sukhoi aircraft
company has announced that it met its sales goals in 2004, after
exporting some forty military aircraft to countries such as
Algeria, Belarus and China.
The total exports were worth $1.5 billion (45 billion rubles),
which represents more than twenty percent of the total military
exports that Russia completed in the past year.
Alexei Poveshchenko, described by the Novosti Russian news
agency as an adviser to Sukhoi's general director, told the media
that Su-27 and Su-30 fighter jets are the country's largest export
product. "In 2004, aviation accounted for approximately 40% of
combined military exports, which accounted for about $5.6 billion,"
said Poveshchenko. "Sukhoi's export returns last year were 45
billion rubles (over $1.5 billion), with exports accounting for
about 95% of the company's aggregate sales and the share of
civilian products in exports, for about 5%. As of late 2004, the
company employed over 31,000 people."
In addition, Sukhoi has license agreements for the production of
some 250 aircraft outside of Russia. In the past two years, the
company has delivered over 140 aircraft to export customers as well
as to the Russian Air Force.
The spares and service sides of the business are also growing.
Sales in these areas totaled $135 million in 2004 and are expected
to grow by some 15 percent in 2005.
FMI: http://www.sukhoi.ru
(Russian-language site, translation link to English at bottom left
corner of home page)
More News
From 2023 (YouTube Version): Legacy of a Titan Robert (Bob) Anderson Hoover was a fighter pilot, test pilot, flight instructor, and air show superstar. More so, Bob Hoover was an i>[...]
Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]
Aero Linx: B-52H Stratofortress The B-52H Stratofortress is a long-range, heavy bomber that can perform a variety of missions. The bomber is capable of flying at high subsonic spee>[...]
Altimeter Setting The barometric pressure reading used to adjust a pressure altimeter for variations in existing atmospheric pressure or to the standard altimeter setting (29.92).>[...]
"Knowing that we play an active part in bettering people's lives is extremely rewarding. My team and I are very thankful for the opportunity to be here and to help in any way we ca>[...]