OREANDA-NEWS. August 18, 2011. Tactical Missiles Corporation is listed again in Defense News Top 100 for 2010, which is an annual ranking and report about the world's leading defense companies, reported the press-centre of Tactical Missiles Corporation.

Alongside with the TMC, Top 100 includes six more Russian defense companies.

The Corporation holds the sixth place among the domestic defense players.

The joint stock company “Tactical Missiles Corporation” was established in January 2002 in accordance with the federal target programme “Restructuring and development of defence industrial complex in 2002-2006” and decree of the RF President No. 84 of Jan. 24, 2002.

The Corporation as an integrated structure was set up by reorganization of the federal state unitary enterprise “State Scientific and Production Center “Zvezda-Strela” (Korolev, Moscow region) into the joint stock company “Tactical Missiles Corporation” and transfer of shares of some Russian defence enterprises, involved in production cooperation. The incorporation process was completed in March 2003.

The Corporation was set up and developed in such a way as to pursue a strategic goal of tackling efficiently defence and national security tasks as well as to strengthen its competitive positions on the world arms markets by mastering new technologies, design and production approaches and offering modern airborne, naval and ground-based weapons and weapon systems.