Monday, 13 November, 2017, 17:57 Economy
US company to invest $150 mn in production of AN-74 plane

The Kharkiv based Antonov plant is to get $150 million in investment from US-based Oriole Capital Group to launch serial production of AN-74 cargo plane. The investor will get the right to modernize and sell the plane.

The key element of this partnership is the modernization of production facilities and installation of avionics that will enhance AN-74’s unique flying characteristics.

The contract with the US company was signed at the air show in Dubaj.

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2017-12-11 21:09:35