Paris 2011: Russia’s United Aircraft Corp. Plots Course To Become One of the Industry’s Top Three Companies

Russia’s United Aircraft Corp. (UAC) yesterday spelled out its vision for joining Boeing and Airbus as one of the world’s top three major global aerospace players. Company president Mikhail Pogosyan presented a strategic roadmap to the year 2025 here at Le Bourget, posting three major milestones for the company.

According to the plan, from 2011 to 2013 the company will continue on its growth platform, during which it structures the entire business into what Pogosyan called a functional unit. From 2014 through 2018, the company plans an innovation leap, during which it expects to embark on a number of technical advances meant to introduce it to markets in which it doesn’t now command a presence. In 2019 it would enter a period of slower, stable growth until it reaches its desired status as one of the world’s three aerospace industry leaders.