In October 2023, according to a source inside the Russian industrial-military complex, it was reported that the Il-112 project will be redesigned and renamed into the Ilyushin Il-212,[6] the main difference being that now the aircraft will be equipped with turbofan instead of turboprop.

[7] Work began on the Il-112 project in 1994, for both civil and military roles, including as a 40-seat airliner and cargo versions with a rear loading ramp to replace the Antonov An-26.

"[citation needed] In January 2013 it was announced that in late December, the Main Commander of the Russian Air Force presented to the Minister of Defense Sergei Shoigu the case for a resumption of the Il-112 project.

[15] In August 2013, the general designer of Ilyushin, Viktor Livanov, citing the First Deputy Defense Minister Yuri Borisov, confirmed that work on the aircraft has been resumed.

[17] On 2 November 2015, Yuri Slyusar, president of United Aircraft Corporation (UAC) announced that the Il-112V will make its maiden flight in July 2017.

[18] On 20 June 2016, Andrey Kapustin the managing director of Aviastar-SP, said that the Ulyanovsk-based aircraft-maker will produce elements for the second experimental Il-112 prototype before the end of 2016.

On 11 November 2016, Russia's Concern Radio-Electronic Technologies (KRET) announced that it is developing a new on-board defense system (ODS) for the Ilyushin Il-112V.

Emerged after the bankruptcy of the Transas Group, St. Petersburg-based Kronstadt is developing the medium-sized Orion UAV, unveiled at the July 2017 MAKS air show.

[25] The aircraft was designed to operate in adverse weather conditions and is expected to meet all current ICAO noise and emissions requirements.

The Il-112 has similar weights and dimensions to the An-26 it is intended to replace but differs by having a notably larger cabin cross-section, allowing it to accommodate 44 armed soldiers instead of 38.

[32][33] However, additional changes will include new fuel and hydraulic systems as well as different landing gear, all resulting in an aircraft with increased payload.

All three crew on board were killed, including test-pilots: Nikolai Kuimov, Hero of the Russian Federation, Dmitry Komarov, Honored Test Pilot.