United Aircraft Corporation's IFRS loss for 2024 amounted to ₽14.2 billion, down by half from ₽34.85 billion in the previous year. Revenue increased 13.1% to ₽538.93 billion against ₽476.5 billion a year earlier.

UAC's Board of Directors set the price of the additional share issue at ₽0.65 per share. Company will place up to 2.018 trillion additional shares by private subscription in favor of Rostec, Rosimushchestvo and VEB.RF.

UAC shareholders approved an increase in its authorized capital by placing 2.018 trillion additional shares by private subscription in favor of Rostec, Rosimushchestvo and VEB.RF. Price of the securities offering will be determined later.

UAC is testing drones to create a mixed network-oriented system on the basis of the newest fifth-generation Su-57 fighter aircraft. Using drones in conjunction with manned aircraft will enable stealthy combat operations, as well as significantly increase the efficiency and duration of airborne operations for the entire combat system. Open architecture of the...