Russia Will Buy AN 70
OREANDA-NEWS. May 27, 2010. According to the spokesman of the Russian Department of Defense Mr. Shamanov, the 2011-2020 State Program for Armaments includes plans to resume the manufacture of AN 124 model aircraft and the purchase of 40 AN 70 model aircraft units.
Millennium Capital sees this news as strongly positive for Motor Sich <MSICH UK STRONG BUY>, since this Ukrainian company is the only producer and supplier of engines for all AN aircraft models.
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