Russia's United Aircraft Corporation (UAC) and Hungary's Aviation Engineering signed an agreement for the modernization and licensed production of the Il-103 aircraft in Hungary, the Russian Ministry of Industry and Trade said on Wednesday
MOSCOW (Pakistan Point News / Sputnik - 17th March, 2021) Russia's United Aircraft Corporation (UAC) and Hungary's Aviation Engineering signed an agreement for the modernization and licensed production of the Il-103 aircraft in Hungary, the Russian Ministry of Industry and Trade said on Wednesday.
"On March 17, an agreement was signed for the modernization and licensed production of the Il-103 in Hungary between the Ilyushin Aviation Complex [head enterprise of the transport aviation division of UAC as part of Rostec State Corporation] and Hungarian company Aviation Engineering," the statement says.
