According to a UAC press release, both companies were officially registered with the Unified State Registry of Legal Entities on June 1, 2022. It said UAC’s Board of Directors had previously approved the merger of the two companies in November 2021. Rostec CEO Sergei Chemezov said the restructuring completed an essential stage of UAC’s corporate transformation.
However, the already strong and world-famous Sukhoi and MiG brands will remain on the aircraft produced. Likewise, well-known design schools will continue to be developed.
“UAC thus becomes not only the centre of the UAC group company, but also an operating company that directly manages the production and design offices, implements flight programs, and develops advanced equipment,” said Chemezov.
Meanwhile, UAC CEO Yuri Slyusar stated that the company would preserve other valuable designers and experts and continue to develop future aircraft, including unmanned systems and hybrid solutions.