The Russian government will invest RUB1.2 trillion ($38.5 billion) to develop its aircraft industry from 2013 to 2025.
The Russian government will invest RUB1.2 trillion ($38.5 billion) to develop its aircraft industry from 2013 to 2025. The industry will need a total of RUB1.7 trillion; however, the rest of the money will be raised through off-budget funding, Minister of Industry and Trade Denis Manturov said. In 2013 the budget investment will be RUB78.3 billion; in 2014, RUB107 billion; in 2015, RUB 123.5 billion. The government also plans to support the Irkut MC-21 project, the creation of PD-14 ...
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