Yakovlev Corporation

JSC Yakovlev Corporation

Native name	AК Корпорация «Яковлев»
Company type	Subsidiary, Joint Stock Company
Traded as	MCX: IRKT
Industry	Aerospace and Defense
Founded	28 March 1932; 92 years ago (28 March 1932)
Fate	merged into United Aircraft Corporation
Headquarters	Moscow , Russia
Key people	Andrey Boginsky, General Director
Products	see products Components for the Airbus A320 family aircraft
Revenue	$1.45 billion[1] (2017)
Operating income	$132 million[1] (2017)
Net income	$51.9 million[1] (2017)
Total assets	$2.83 billion[1] (2017)
Total equity	$408 million[1] (2017)
Number of employees	Over 14,000
Parent	United Aircraft Corporation
Subsidiaries	Yakovlev Design Bureau Irkutsk Aviation Plant BETA AIR Regional Aircraft
Website	eng.yakovlev.ru

The JSC Yakovlev Corporation (MCX: IRKT) (Russian: Яковлев) is a Russian aircraft manufacturer, headquartered in the Aeroport District, Northern Administrative Okrug, Moscow,^[2] It is the manufacturer of the Sukhoi Su-30 family of interceptor/ground-attack aircraft. The company was founded in 1932 in the Transbaykal region of the Soviet Union as the Irkutsk Aviation Plant (IAP).^[3] It was formerly known as Irkut Corporation.^[4]

United Aircraft Corporation was formed in 2006 from the merger of Mikoyan, Ilyushin, Sukhoi, Tupolev, and Yakovlev.^[5]

On 28 March 1932, the Irkutsk Aviation Plant (IAP) was established under order No. 181 by the Main Directorate of the USSR People's Commissariat for Heavy Industry. On 18 August 1934, the form marking the completion of construction manufacturing plant for the new bureau was signed. The first aircraft manufactured by the IAP was the Tupolev I-14, which had its flight on 16 February 1935. The IAP later started mass production of the Tupolev SB Bomber in the spring of 1936. In July 1941, the IAP started delivery of Petlyakov Pe-2 dive bombers. From 1942, the IAP started mass production of two long-range bomber aircraft: Ilyushin Il-4 and Yermolayev Yer-2 until 1945, probably for the Soviet Air Forces for World War II. From 1946, the IAP started production of the Tupolev Tu-2 tactical bomber until 1949. From 1950, the IAP started mass production of two bomber aircraft, the Tupolev Tu-14 and the Ilyushin Il-28 until 1956. In 1957, the IAP renovated itself and started production of the Antonov An-12 military transport aircraft. From 1960, the IAP started mass production of the supersonic bomber and reconnaissance aircraft, the Yakovlev Yak-28 until 1972. From 1967, the IAP started mass production of the Antonov An-24 military transport aircraft until 1971. From 1970, the IAP started mass production of the fighter-bombers, the Mikoyan MiG-23UB and the Mikoyan MiG-27 until 1986. In 1982, IAP specialists started organization of Mikoyan MiG-27 licensed production in India. The Sukhoi Su-27UB, produced by the IAP as a two-seat operational conversion trainer, had its maiden flight on 10 September 1986. The first Sukhoi Su-30 developed by the aviation plant had its first flight on 14 April 1992.^[6]

On 30 December 1996, a contract was signed between the IAP and the Indian Air Force (IAF) for the delivery of the Sukhoi Su-30MKI to the IAF. The first Beriev Be-200, an amphibious aircraft, developed by the IAP, had its first flight on 24 September 1998. On 27 December 2002, the Irkutsk Aviation Production Association renamed themselves as the Irkut Corporation. The Irkut Corporation became the first Russian defence firm to carry out an initial public offering in March 2004. It traded 23.3% of the corporation's shares in the stock market. In the same year, the Irkut Corporation had integrated the Yakovlev Design Bureau into its corporate structure, making it a subsidiary.

On 20 December 2004 the company signed a contract with Airbus to produce components for the Airbus A320 family aircraft (the nose landing gear bay, keel beam, flap track and a floor grid section).^[7] As a result EADS owned a 10% stake in Irkut which it planned as of 2007 to convert into United Aircraft Corporation shares.^[8]

In 2006, the Russian government merged Irkut with Ilyushin, Mikoyan, Sukhoi, Tupolev and Yakovlev as a new company called United Aircraft Corporation.^[5]

In 2007 the company entered into a joint venture with Indian military aircraft manufacturer HAL to manufacture the UAC/HAL Il-214, which will be designed by Ilyushin.^[9] In July 2007, the company was selected as a head contractor for MC-21 short/mid range airliner program. The MC-21 would be the first aircraft the Irkut Corporation had designed. Production of the aircraft would start in 2014.

In 2009, Irkut became the first on the Russian market to receive the EN 9100 norm certification for quality control management. This certificate allowed the Irkut to put its products on the European market.^[10]

In June 2011 the joint venture project with EADS to convert old A320 passenger aircraft to freighter mode was terminated because of increased demand for the precursor products.^[10]

In December 2016 the joint venture project to build and market a seaplane based on the Beriev Be-200 firefighter with EADS-Airbus was terminated.^[11]

At the end of November 2018, United Aircraft Corporation transferred SCAC from Sukhoi to the Irkut Corporation, to become UAC's airliner division, as Leonardo S.p.A. pulled out in early 2017 because of Superjet's poor financial performance.

The company manages the Superjet 100, the MC-21 and the Russo-Chinese CR929 widebody, but the Il-114 passenger turboprop and modernized Ilyushin Il-96-400 widebody stay with Ilyushin.

The new commercial division will also include the Yakovlev Design Bureau, avionics specialist UAC—Integration Center and composite manufacturer AeroComposit.^[12]

In August 2023, Irkut rebranded itself as Yakovlev. The Sukhoi Superjet 100 was redesignated as the SJ-100, and the Irkut MC-21 also adopted the Yakovlev name.^[4]

In June 2022, the company was designated by the United States pursuant to Executive Order 14024 for operating or having operated in the defence and related materiel sector and the aerospace sector of the Russian Federation economy. Irkut has also been sanctioned by Canada, New Zealand, and Switzerland.^[13]

In January 2023, Japan imposed sanctions on the company.^[14]

In January 2024 was published a report on how Yakovlev evaded sanctions to continue to procure components from US firms like Honeywell, through a European intermediary.^[15]

Products manufactured by the company are:^[16]

These products are designed by the Irkut Corporation and its branches.^[16]

• Superjet 100^{[12][17][18][19]}

Wikimedia Commons has media related to Irkut Corporation.

• Official website