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VIAM has broad responsibility for research, development, testing, and certification of all metallic and nonmetallic materials used in the Russian aerospace industry. Over 90 percent of the materials used in Soviet aircraft and space vehicles were developed at VIAM. [1]
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.
After Rosoboronexport obtained an 66% stake in October 2006 of VSMPO-Avisma, Sergey Chemezov became chairman of VSMPO-AVISMA in November 2006. [5]On 27 December 2007 US Boeing and VSMPO-AVISMA created a joint venture Ural Boeing Manufacturing (UBM) and signed a contract on titanium products deliveries until 2015.
The company needs to achieve a production rate of 32 to 34 aircraft per year to make a profit, though demand for Russian models in the 60–120 seat category was forecast to be only 10 aircraft per year over a 20-year period. In the short-term, the company's main hope was that Aeroflot would firm up its 2018 preliminary agreement for 100 SSJs. [19]
Prior to the U.S. exchange halts, Russia’s Central Bank closed the Moscow Stock Exchange — sending shares of Russian stocks listed in the U.S. tumbling. Investors on London’s Stock Exchange ...
On 22 March 2022, it was remarked that the Russian aviation industry was not receiving imported parts already paid for as a result of the 2022 Russian invasion of Ukraine. [56] The company and its CEO Yury Slyusar were sanctioned by the British government on 24 February 2022, as it was judged to have aided in the Russian invasion of Ukraine. [57]
(Reuters) - Yandex NV (YNV), the Dutch company now fully separate from Russian technology giant Yandex after a deal to split assets was finalised this week, on Thursday proposed a buyback for up ...
In 1956, after the reorganization and technical equipment of the workshops, the company mastered the repair of ASh-82T piston engines for IL-14 aircraft. [1] In the 1960s, along with the development of helicopter aviation, a need arose for a major overhaul of the ASh-82V engines and the R-5 main gearbox of the Mi-4 helicopters. Until 1987, this ...