The Russian state-run defense corporation, Rostec which is under US sanctions has lashed out at a US periodical for not including Russian Helicopters in their yearly list of top 100 defense companies.
Rostec questioned Defense News as to how the periodical drop ‘Russian helicopters’ from its yearly list when it has been on every list of major global defense companies for the previous five years.
The fact that the Russian Helicopters group is not included into the rating of the world’s major defence manufacturers compiled by the US periodical Defense News is an example of unfair competition and information manipulations aimed at diminishment of the position of one of the leading global helicopter manufacturers, said Igor Korotchenko, director of the Centre for Analysis of World Arms Trade (CAWAT) to RIA Novosti on Wednesday.
In 2017, Russian Helicopters signed contracts for the total amount of 18.2 billion rubles.
On Tuesday, Defense News published a new annual Top 100 Defense Companies list for 2016, which did not include Russian Helicopters.
“A reasonable question comes up: how could it happen that the Russian Helicopters group which had steadily been on the list of 30 major global defense companies for the previous five years and ranked number 25 in the Top 100 Defense News rating last year suddenly dropped out of it?” said Korotchenko.
The Russian Helicopters group plans to grow the order book to 500 vehicles in 2017.
The director of CAWAT recalled on this occasion that, according to the IFRS statements of the group, the 2016 revenue of Russian Helicopters from sale of military products amounted to USD 2,995 bn, the total revenue was USD 3,633 bn, and the share of military products in the total revenues was 82%. "Therefore, the Russian Helicopters group should be among the first 30 companies on the Top 100 global defense companies list, between the US company Bechtel and the British company Backbock," commented Korotchenko.
Evidently, the expert went on, the whole situation is created to save the image of western helicopter manufacturers which have recently lost several major tenders in a number of countries which preferred the products of Russian Helicopters.
According to the Defense News rating, for the third consecutive year, Almaz – Antey Corporation has been ranking 11th, the highest position among the Russian companies; last year the company earned USD 7.4 bn. The 14th position is taken by United Engine Corporation (plus two lines to the rating of last year, USD 5.6 bn military revenues). The last one among the top three Russian companies is Tactical Missiles Corporation which ranks 32nd in the global list (plus five lines to the rating of last year, USD 2.8 bn).
The leader of the rating is Lockheed Martin (the defense revenues of USD 43.4 bn, the position did not change during the year), Boeing ranks second (USD 29.5 bn, the position did not change), BAE Systems ranks third (USD 23.6 bn).
Defense News issues annual ratings of global defense companies using information from public sources, annual statements of companies and data directly provided to it by companies.
Pakistan has received Russian convertible Mi-171E helicopter, which can assist for missions in passenger and freight carriage or in medical, search and rescue operations. Russian Helicopters has delivered Mi-171E helicopter in a convertible option to representatives of Pakistans Baluchistan Province
Russian Helicopters and Irans Industrial Development and Renovation Organization (IDRO) have planned a joint venture to assemble KA-226 and Anset light civilian helicopters. The JV to assemble light civilian helicopters in Iran was announced by Russian Helicopters firm last week
Rostecs Russian Helicopters is implementing a number of after-sales service projects in the African and Near Eastern countries. Based on fulfilled contracts in 2016, 43
Andrey Boginsky, former Deputy Minister of Industry and Trade of the Russian Federation has been appointed as the CEO of Russian Helicopters, part of State Corporation Rostec. Andrey Boginsky has the title of Honorary Aircraft Builder
Russian Helicopters has completed deliveries of the first batch of multirole Ка-32A11BC helicopters, which are built at Kumertau Aviation Production Enterprise. After the delivery of the first batch, two more helicopters will be handed over to the Chinese operators in 2017, the company said in a statement Thursday
Russian Helicopters has won a contract with Balochistan provincial government to supply a Mi-171 helicopter. The helicopter is expected to be delivered in the first part of this year
Russian Helicopters and Thai company Datagate Limited signed a memorandum of intent on cooperation in setting up a maintenance service center for Russian-made helicopters at the Singapore Airshow. The document was signed by Deputy General Director on Aftersales of Russian Helicopters, Igor Chechikov and Director of Datagate Ms
Russian Helicopters has signed a contract for the supply of Three Mi-8AMTSh military transport helicopters to state special purpose aviation. Three Mi-8AMTSh military transport helicopters will be manufactured at the Ulan-Ude Aviation Plant (U-UAZ) and transferred to the customer in 2018, the company announced Wednesday
Kazan Helicopters has commenced assembling the first prototype Mi-38T heavy transport helicopter that will be used to conduct joint flight tests for compliance with the requirements of the Armed Forces. Under a contract with the Russian defense ministry signed at the MAKS air show, Russian Helicopters will supply two of the rotorcraft before the end of 2019
The Russian Helicopters together with Iran Helicopters Support and Renewal Company (IHSRC) will test the light utility helicopter Ka-226T for its usability at extremely high temperatures. The tests will be conducted on the Iranian company site within the framework of a memorandum signed by the parties in May 2017 at the international exhibition HeliRussia-2017
Russia is planning to design a two-ton multi-purpose drone by 2020 and a seven-ton one by 2023 for reconnaissance and transport purposes at the same time. The seven-ton UAV will be able to fly 3,000 meters even with one ton of cargo
Mitsubishi SpaceJet Delivery Could be Delayed by a Year
Pakistan Army Gets New EW, Ground Surveillance Radar Facility
Nearly 3 Dozen US Personnel Diagnosed with Brain Injury Post Iran Strike
Longbow to Support Apache's Fire Control Radars of S.Korea, Taiwan, Saudi, UAE,...
Algeria In Talks With Russia for a Dozen Su-57 Jets
Junked Railway Rake Mistook for Indian ICBM
France “Obstructing” Turkey-Eurosam Missile Defence System Project: Turkish Official
Turkey All But Gives up on F-35 Jet Deal, Seeks Alternatives
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...