[6] Many of the corporation's assets are located in various regions in Russia, with joint ventures with foreign partners in China, India, and Italy.

[8] The military aircraft industry was able to benefit from improving export possibilities by profiting from a large storage of components and parts from Soviet times.

He decided to create the VPK-MAPO (Military Industrial Complex – Moscow Aircraft Production Association), which includes companies such as Mikoyan.

140 by merging shares from Ilyushin, Irkut, Mikoyan, Sukhoi, Tupolev, and Yakovlev as a new joint-stock company named the OJSC United Aircraft Corporation to optimize production and minimize losses.

[12][needs update] In October 2007, the Federal Financial Markets Service registered a primary issue of common shares for the United Aircraft Building Corporation.

[15] In December 2007, the state-owned Vneshtorgbank announced that it would sell its 5% share in EADS to UAC at market price.

[16] Later that month VTB sold its share in EADS to the state-owned Russian Development Bank (VEB).

[27] Sukhoi Holdings of the UAC signed a joint venture with Leonardo-Finmeccanica (now Leonardo S.p.A.) to establish Superjet International to sell the SSJ 100 to potential customers.

[citation needed] In October 2009, the UAC signed a joint venture with Hindustan Aeronautics Limited (HAL) of India named the Multirole Transport Aircraft Limited (MTAL) where the two companies would cooperate on manufacturing aircraft for both of the Russian Armed Forces, the Indian Armed Forces, and for friendly third-party countries.

The PAK FA is a stealth, single-seat, twin-engine, multirole jet fighter designed for air supremacy and attack roles.

The PAK FA is designed to replace the Mikoyan MiG-29 and the Sukhoi Su-27 and is expected to be introduced to the Russian Air Force in 2019.

[31][32][33] Also, under the MTAL joint venture, Sukhoi and HAL would co-develop the Sukhoi/HAL FGFA, now known as the Perspective Multirole Fighter (PMF), a variant of the PAK FA, of which would be designed for the Indian Air Force.

[citation needed] Despite the domination of the airliner market by Boeing and Airbus as well as Russian protectionism preventing western companies from being suppliers to the program,[43][44] the MC-21 was able to make its maiden flight on 28 May 2017, with two prototypes built and another four in assembly, while obtaining a total of 205 orders by July 2017, with an introduction planned in 2019 with Aeroflot.

According to the UAC, CRAIC is responsible for product and technology development, manufacturing, marketing, sales and customer service, consulting, program management, and other related fields.

By 2017, the two companies were cooperating in creating a new generation of long-range wide-body commercial aircraft and taking charge[clarification needed] of its operation under the joint venture.

[47] The aircraft was named the CRAIC CR-929, formerly the C929, and is intended to compete with the Airbus A330neo and the Boeing 787; thus challenging the Airbus-Boeing duopoly.

The transformation was intended to concentrate resources to develop, manufacture, and market Russian civil aircraft, while ensuring consistency in these areas and simplifying certification and licensing procedures.

[49] On 9 July 2018, UAC was targeting 4.5% of global airliner market share by value and profitability by 2025, to grow its civil aircraft business from 17% to 40% of its income and to attract private investors before 2035.

[52][needs update] On 30 November 2021, the UAC board of directors approved the annexation to the corporation of both military aircraft producers Mikoyan and Sukhoi, previewed for 2022.

[56] The company and its CEO Yury Slyusar were sanctioned by the British government on 24 February 2022, as it was judged to have aided in the Russian invasion of Ukraine.

[57] In May 2022 the United States Department of the Treasury placed sanctions on Slyusar under Executive Order 14024 as a member of the Government of Russia.

[66] The Ilyushin Il-96 is a shortened, long-ranged successor of the Il-86, with updated technologies, and the first airliner from the Russian Federation to be introduced.

[69] The Tupolev Tu-204 is a medium-range, narrow-body jet airliner, featuring many technological innovations such as a fly-by-wire control system, a glass cockpit, etc., and was developed primarily for Aeroflot.

[citation needed] Despite the domination of the airliner market by Boeing and Airbus as well as Russian protectionism preventing western companies to supply the program,[43][44] the MC-21 was able to have its maiden flight, have two prototypes built and another four in assembly, and getting a total of 366 orders as of 24 July 2017, with an introduction planned in 2019 with Aeroflot.

The Sukhoi Su-80 can be used for both civilian and military purposes and has a sleek hull which can provide space for 30 passengers and a "beaver-tail" ramp that can help unload cargo easier.

The project was first conceived in 2007, two to three years before the joint venture, "Multirole Transport Aircraft Ltd." between the two state corporations was created, and development began in 2012.

The A-100 is developed from the Ilyushin Il-476 with avionics and configuration being similar to the A-50U as well as a new active phased array radar made by JSC Vega.

The aircraft is to serve as the interim for the Sukhoi PAK FA, Russia's first fifth-generation jet fighter.

At the MAKS 2021 Air show UAC announced that the Mikoyan LMFS project was developed into the Sukhoi LFS.

[89] In August 2023, Yury Slyusar reported that UAC had received an additional order for the equipment of the new Moscow and Leningrad military districts.