OREANDA-NEWS. July 21, 2011. The Board of Directors (BoD) of Joint Stock Company “United Aircraft Corporation” [RTS ticker: UNAC; MICEX ticker: UNAC] elected Vladimir Dmitriev, Chairman of State Corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, as the Chairman of the Board of Directors of UAC, reported the press-centre of UAC.

The BoD also approved the Program for Innovative Development of UAC. The program was drawn up in accordance with the order of the Russian President as of January 4, 2010. The implementation of the Program will allow the Corporation to achieve the objectives set in its Development Strategy, i.e. to transform UAC into the 3-d largest world aircraft manufacturer, to ensure a competitive level of aircraft design and production.

Moreover, the Program is aimed at setting up a system of reproduction of key industrial competences, training of qualified personnel, as well as transferring technologies to adjacent industries. Carrying out works in accordance with all these guidelines will secure Russia’s position as a state that can independently satisfy its needs in all aircraft types.