UAE's Tawazun Bolsters VRT500 Helicopter Program | Aviation International News

UAE's Tawazun Bolsters VRT500 Helicopter Program

Tawazun takes 50 percent stake in VRT500 helicopter program, orders 100 aircraft.

By Mark Huber • Contributor

November 15, 2021

VR Technologies, the developer of the Russian coaxial VRT500 light turbine single helicopter, has been 50 percent share acquired by the UAE’s Tawazun Economic Council, which also signed a letter of intent to purchase 100 of the aircraft collectively valued at $248 million. Tawazun is the UAE defense and security acquisitions authority for the UAE Armed Forces and Abu Dhabi Police.

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