UMPO to Start Shipping Engines to India


UMPO to Start Shipping Engines to India

The Ufa Engine Engineering Company (UMPO) is to start deliveries of 920 AL-31FP engines via Rosoboronexport.

The 10-year contract with India to ship AL-31FP engines was signed in October 2012. The first batch of ten engine sets will be shipped before the end of 1Q 2013.

India acquired the right (the option) to buy additionally these 920 AL-31FP engine sets in stages back in 2000, under the terms of a general contract for setting up production of Sukhoi Su-30MKI jets and AL-31FP engines under license.

The Ufa Engine Engineering Company OJSC is a major Russian manufacturer of aircraft engines, and part of the United Engine Engineering Corporation (a specialized subsidiary managing engine-making assets 100%-owned by Oboronprom). The company generated RUB 20,562 million in 2011 sales. The company is primarily involved in manufacture, servicing, and repairs of aircraft jet engines and gas pumps, manufacture and repairs of helicopter components and assemblies.

Oboronprom OPK OJSC is a multisector engineering group established in 2002 and a Rostec company. Its key business areas are helicopter manufacturing (through the Russian Helicopters Holding Company) and engine engineering (the United Engine Engineering Corporation, a holding company). Oboronprom had the following shareholder structure (as of January 2013): Rostec with 58.32%, the Russian government held 27.82%, RSK MiG OJSC with 5.79%, Government of Tatarstan 5.4%, Rosoboronexport OJSC with 2.22%, Rostvertol OJSC with 0.45%.