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Sukhoi chief to replace CEO of United Aircraft Corporation
United Aircraft Corporation
Posted On: Feb 03, 2011
Mikhail Pogasyan will be the new chief of United Aircraft Corporation.
Chief of Russia’s Sukhoi holding company, Mikhail Pogasyan, will replace Alexei Feodorov as the CEO of the United Aircraft Corporation (UAC), according to a top Kremlin aide.
"The President ordered the administration and the government to evaluate the responsibility of a number of companies, and the decision on one of the companies has been made.
“Pogosyan will take over the United Aircraft Corporation,” Kremlin economic aide Arkady Dvorkovich said in a televised statement.
Mikhail Pogosyan's Sukhoi Holding is involved in the development of fifth generation fighter aircraft (FGFA) on the basis of PAK-FA T-50 project in which India also has a stake.
Fyodorov lost his post for failing to implement President Medvedev’s orders on drafting innovation programmes for the company,
UAC, a state-controlled corporation, was established in 2006 to streamline the Russian aircraft making industry.
It incorporates aircraft-making and affiliated firms engaged in the manufacture, design and marketing of civilian and military aircraft, including unmanned aerial vehicles.
Fyodorov, a top business manager, had set up Russia's first private fighter production facility on the basis of Irkut aircraft plant and due to massive Indian order for Sukhoi Su-30MKI multirole fighters awarded to this plant, he became one of the most powerful actors in post-Soviet Russia’s aircraft industry.
India most likely not picking the MiG-35 fighter under its multi-billion MMRCA tender for the acquisition 126 fighters had weakened Feodorov's hold and he is also blamed for delay in the implementation of Indo-Russian multi-role transport aircraft (MTA) project initially to be produced by Irkut.
reported that CEO of Irkut corporation Oleg Demchenko, a Feodorov's appointee, may also lose his job to ex-vice premier Boris Alyoshin, who once was linked to bilateral ties with India.
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