OREANDA-NEWS. In the course of the International Aerospace Salon (MAKS-2013) State Corporation 'Bank for Development and Foreign Economic Affairs (Vnesheconombank)' and OJSC the United Aircraft Construction Corporation (UACC) signed an agreement on cooperation.

Under the agreement Vnesheconombank and UACC agreed to cooperate in pursuing government policy in defence and security of the Russian Federation.

The agreement provides for the parties to cooperate in enhancing scientific and technical potential of defence industrial complex enterprises and in raising investments for advanced models of military hardware for technological modernization as well as in supporting the import of advanced production equipment for manufacturing competitive military products.

The parties also agreed to cooperate in providing the armed forces with advanced models of military hardware in required quantities and on target dates.