Russian Defense Ministry acquires 15 An-148s

The Russian Defense Ministry has signed an agreement with Russia’s United Aircraft Corp. to purchase 15 An-148s in 2013-17, the Interfax-Ukraine news agency reported on July 30, citing an anonymous source. The first aircraft is expected to be delivered this year, four units annually will be produced in 2014-15 and three units annually in 2016-17. Each aircraft will be powered by two Motor Sich (MSICH UK) D-436-148 engines.

Roman Dmytrenko: The contract announcement has been expected since February, when the first rumors emerged. Producing an engine set for an An-148 brings Motor Sich an estimated USD 4.5 mln in revenue, which implies the company could generate additional USD 67.5 mln in sales during the contract’s period. Apart from Russian Defense Ministry deal, one An-148 will be delivered to the Russian Federal Security Service by the year end. We project Motor Sich will generate USD 950 mln in total revenue in 2013.