Irkut Corporation

JSC Irkut Corporation
Native name
 AК Корпорация «Иркут»
Subsidiary, Joint Stock Company
Traded as MCX: IRKT
Industry Aerospace and Defense
Founded March 28, 1932 (March 28, 1932)
Headquarters Moscow, Russia
Key people
 Yuri Slyusar (President of the UAC)
Oleg Demchenko (President of the Irkut Corporation)[1]
Products see products
Components for the Airbus A320 family aircraft
Revenue Increase $ 1.623 billion[2] (2016)
Increase $ 121 million[2] (2016)
Increase $ 18.219 million
(IFRS)[2] (2016)
Total assets Increase$ 979.97 million[2] (2016)
Total equity Increase$ 795.38 million[2] (2016)
Number of employees
 Over 14,000[3]
Parent United Aircraft Corporation
Subsidiaries Yakovlev Design Bureau
Irkutsk Aviation Plant
BETA AIR
Website eng.irkut.com

The JSC Irkut Corporation (MCX: IRKT) (Russian: Иркут) is a Russian aircraft manufacturer,[4] headquartered in the Aeroport District, Northern Administrative Okrug, Moscow,[5] and is best known as being the manufacturer of the Sukhoi Su-30 family of interceptor/ground-attack aircraft. The company was founded in 1932 in the Transbaykal region of the Soviet Union as the Irkutsk Aviation Plant (IAP). The Russian government merged Irkut with Mikoyan, Ilyushin, Sukhoi, Tupolev, and Yakovlev as a new company named United Aircraft Corporation.[6]

History

Soviet Era (1932 - 1993)

In 28 March 1932, the Irkutsk Aviation Plant (IAP) was established under order No. 181 by the Main Directorate of the USSR People’s Commissariat for Heavy Industry. In 18 August 1934, the form marking the completion of construction manufacturing plant for the new bureau was signed. The first aircraft manufactured by the IAP was the Tupolev I-14, which had its flight in February 16, 1935. The IAP later started mass production of the Tupolev SB Bomber in the spring of 1936. In July 1941, the IAP started delivery of Petlyakov Pe-2 dive bombers. From 1942, the IAP started mass production of two long-range bomber aircraft: Ilyushin Il-4 and Yermolayev Yer-2 until 1945, probably for the Soviet Air Forces for World War II. From 1946, the IAP started production of the Tupolev Tu-2 tactical bomber until 1949. From 1950, the IAP started mass production of two bomber aircraft, the Tupolev Tu-14 and the Ilyushin Il-28 until 1956. In 1957, the IAP renovated itself and started production of the Antonov An-12 military transport aircraft. From 1960, the IAP started mass production of the supersonic bomber and reconnaissance aircraft, the Yakovlev Yak-28 until 1972. From 1967, the IAP started mass production of the Antonov An-24 military transport aircraft until 1971. From 1970, the IAP started mass production of the fighter-bombers, the Mikoyan MiG-23UB and the Mikoyan MiG-27 until 1986. In 1982, IAP specialists started organization of Mikoyan MiG-27 licensed production in India. The Sukhoi Su-27UB, produced by the IAP as a two-seat operational conversion trainer, had its maiden flight in 10 September 1986. The first Sukhoi Su-30 developed by the aviation plant had its first flight in 14 April 1992.[7]

Contemporary Era (1993 - present)

In 30 December 1996, a contract was signed between the IAP and the Indian Air Force (IAF) for the delivery of the Sukhoi Su-30MKI to the IAF. The first Beriev Be-200, an amphibious aircraft, developed by the IAP, had its first flight in 24 September 1998. In 27 December 2002, the Irkutsk Aviation Production Association renamed themselves as the Irkut Corporation. The Irkut Corporation became the first Russian defence firm to carry out an initial public offering in March 2004. It traded 23.3% of the corporation’s shares in the stock market. In the same year, the Irkut Corporation had integrated the Yakovlev Design Bureau into its corporate structure, making it a subsidiary. In 20 December the Irkut Corporation signed a contract with Airbus to produce components for the Airbus A320 family aircraft. In 2006, the Russian government merged Irkut with Ilyushin, Mikoyan, Sukhoi, Tupolev and Yakovlev as a new company called United Aircraft Corporation.[8] Irkut has also entered into a joint venture with Indian military aircraft manufacturer HAL to manufacture the UAC/HAL Il-214, which will be designed by Ilyushin.[9] In July 2007, the Irkut Corporation was selected as a head contractor for MC-21 short/mid range airliner program. The MC-21 would be the first aircraft the Irkut Corporation had designed. Production of the aircraft would start in 2014.

Organization

Products

Su-30MKM produced by Irkut

Manufactured Products

These products are designed by a different company while the Irkut Corporation and its branches are responsible to manufacture them.[10]

Aircraft Type Description Designer Maiden Flight Introduction Production Starts Production Ends
Tupolev I-14 fighter aircraft Tupolev May 27, 1933 1935 1935 1935
Tupolev SB medium bomber Tupolev October 7, 1934 1936 Spring of 1936 1941
Petlyakov Pe-2 dive bomber Petlyakov December 22, 1939 1941 1939 1954
Ilyushin Il-4 torpedo bomber Ilyushin Aviation Complex March 31, 1936 1942 1942 1945
Yermolayev Yer-2 medium bomber Yermolayev OKB May 14, 1940 1941 1942 1945
Tupolev Tu-2 tactical bomber Tupolev 1946 1949
Tupolev Tu-14 Tupolev 1950 1956
Ilyushin Il-28 Ilyushin Aviation Complex 1950 1956
Antonov An-12 Antonov 1957 1973
Antonov An-24 Antonov 1967 1971
Mikoyan MiG-23UB Mikoyan 1970 1986
Mikoyan MiG-27 Mikoyan 1970 1986
Sukhoi Su-27UB Sukhoi Design Bureau September 10, 1986 1986 1986 -
Sukhoi Su-30 multirole fighter twinjet, twin-seat Sukhoi Design Bureau December 31, 1989 1996 1992 -
Sukhoi Su-30SM multirole fighter twinjet, twin-seat Sukhoi Design Bureau 1993 1993 1993 -
Beriev Be-200 Beriev
Sukhoi Su-30MK multirole fighter twinjet, twin-seat Sukhoi Design Bureau September 21, 2012 2016 2012 -

Designed Products

These products are designed by the Irkut Corporation and its branches.[10]

Aircraft Type Description Designer Maiden Flight Introduction
Yakovlev Yak-28 Yakovlev Design Bureau
Yakovlev Yak-130 advanced trainer, light fighter twinjet, twin-seat Yakovlev Design Bureau April 25, 1996 February 19, 2010
Yakovlev Yak-152 trainer aircraft single-seat Yakovlev Design Bureau September 29, 2016 Planned for 2017
Irkut MC-21 Jet airliner narrow-body, twinjet Irkut Corporation, Yakovlev Design Bureau May 28, 2017 2019, with Aeroflot (planned)

Corporate governance

Presidents

  • Yuri Slyusar (Chairman of the Board of Directors of Irkut Corporation, President of UAC)[11]
  • Oleg Demchenko (President of the Irkut Corporation)

Vice Presidents

  • Aleksander Veprev (General Director of Irkutsk Aviation Plant, an affiliate of Irkut Corporation, Vice-President of Irkut Corporation)
  • Konstantin Popovich (Vice-President of Irkut Corporation for aircraft development, Director of the A.S. Yakovlev Engineering Center, Chief Designer of the МС-21 aircraft)
  • Vladimir Sautov (Vice-President of Irkut Corporation for marketing and external relations)
  • Kirill Budaev (Chief of civil aircraft marketing and sales service, Vice-President of Irkut Corporation)

See also

Other manufacturing branches of the UAC:

References

  1. ↑ "Management". eng.irkut.com.
  2. 1 2 3 4 5 http://eng.irkut.com/finances/financial-reporting-acc-to-ifrs/ Financial Reporting acc. to IFRS
  3. ↑ "IRKUT Corporation". eng.irkut.com.
  4. ↑ John Pike (18 September 2002). "entry". Globalsecurity.org. Retrieved 14 May 2011.
  5. ↑ "Contact Information." Irkut. Retrieved on 10 June 2016. "Corporate Centre address: bldg. 1, 68, Leningradsky prospect, Moscow, 125315, Russia" - Address in Russian: "Корпоративный Центр адрес: Россия, 125315, г. Москва, Ленинградский проспект, дом 68, стр. 1"
  6. ↑ "Russian Aircraft Industry Seeks Revival Through Merger." The New York Times. February 22, 2006.
  7. ↑ "History". eng.irkut.com. Retrieved 2017-08-08.
  8. ↑ "Russian Aircraft Industry Seeks Revival Through Merger". The New York Times. 22 February 2006. President Vladimir V. Putin signed a decree on Tuesday creating a huge aviation entity, combining the nation's six major aircraft design and manufacturing companies into a single holding with substantial state control.
  9. ↑ ""HAL in $700 million Joint Venture with Irkut Corp. for Multi-role Transport Aircraft" Archived 7 January 2007 at the Wayback Machine.. India-Defence.com, 27 December 2006.
  10. 1 2 "Products". eng.irkut.com. Retrieved 2017-08-05.
  11. ↑ "Management". eng.irkut.com. Retrieved 2017-08-05.
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