JSC Irkut Corporation received the honorary diploma Best Russian Exporter of 2008 in the Aircraft Building category. The award marks steady growth in export revenue, which accounts for over 15 percent of Russias arms exports. The article also explains how revenue from combat aircraft sales helps develop the promising MC 21 passenger airliner.

Open Joint Stock Company “Scientific and Production Corporation “Irkut” has been awarded the honorary diploma “Best Russian Exporter of 2008” in the “Aircraft Manufacturing” category.
The award ceremony for the winners of the “Best Russian Exporter of 2008” competition was held on June 30 in Moscow. The competition is organized by the Ministry of Industry and Trade of the Russian Federation to support exports of industrial products.
As the company’s press service reported, in recent years the Irkut Corporation has steadily increased revenue from deliveries of aviation equipment abroad. The company accounts for more than 15% of Russian arms exports.
Oleg Demchenko, President of OJSC “Irkut Corporation,” stated: “Proceeds from the export of combat aircraft have enabled the company to launch the development and preparation of production of the MS-21 passenger airliner. This aircraft is the main promising project not only for Irkut Corporation, but for the entire Russian aviation industry.”