September 8, 2018
JSC UEC-Klimov (part of the Rostec’s United Engine Corporation) and Vietnamese Helicopter Technical Service Company have signed a distributor agreement on maintenance of TV3-117 and VK-2500 civil helicopter engines. The companies will support the operation of the engines and main gearboxes in 12 Asian countries. For this purpose, the Center for Integrated Logistics Support will be created in Vũng Tàu (Vietnam) by the end of this year.
The partners have signed the agreement today in Saint Petersburg. Within the framework of the deal, Helicopter Technical Service Company, that provides maintenance of Russian‑built helicopters, will distribute TV3-117 and VK-2500 civil helicopter engines designed by UEC-Klimov in Indonesia, Malaysia, Cambodia, Thailand, Vietnam, Myanmar, Laos, Australia, India, China, Bangladesh and Sri Lanka. UEC-Klimov will repair power units, supply engines, components, assemblies and spare parts, and train the staff in maintenance of civil engines and VR-12/VR-252 main helicopter gearboxes.
“By developing the system of after-sales support of aircraft engines in Asia, we will be able to increase the attractiveness of our products for local customers. Our offer to the partners is not an individual product – it comprises the whole range of related maintenance services. We are ready to provide support of the power units throughout their life cycle. Such approach will help reduce the duration of engine maintenance and repair and lower the machine operation costs,” noted Anatoly Serdyukov, Industrial Director of Rostec’s Aviation Cluster.
Within implementation of the agreement, the Center for Integrated Logistics Support of UEC-Klimov will be established in Vũng Tàu (Vietnam) by the end of this year. It will include a center for mid-life repair of civil helicopter engines, a warehouse of spare parts and assemblies, and a representative office of UEC-Klimov. The aviation authorities of the Socialist Republic of Vietnam are expected to issue the certificate to the Center in December 2018 after completion of pilot repair of one engine.
“The negotiations on the cooperation were held within UEC-Klimov’s 2018–2022 service development program. As a result of these negotiations, our enterprise has entered a new market. We believe that we will become reliable partners providing prompt and high-quality after-sales support and repair of power units operated not only in Vietnam, but across the entire Southeast Asia,” said Alexander Vatagin, CEO of UEC-Klimov.
Rostec is a Russian State Corporation established in 2007 with the purpose of facilitating the development, manufacture and export of high-tech industrial products for both civil and military purposes. It incorporates over 700 entities that currently form 11 holdings operating in the military-industrial complex and 4 holdings active in civilian industries, as well as over 80 directly supervised organizations. Rostec’s portfolio includes such well-known brands as AVTOVAZ, KAMAZ, Kalashnikov Concern, Russian Helicopters, VSMPO-AVISMA, Uralvagonzavod, and others. Rostec companies are located in 60 regions of the Russian Federation and supply products to the markets of over 100 countries. In 2017, Rostec’s consolidated revenue reached RUR 1.589 trillion, its consolidated net profit was RUR 121 billion, and EBITDA was RUR 305 billion. According to Rostec’s Development Strategy, the mission of the Corporation is to ensure Russia’s technological advantage on highly competitive international markets. One of Rostec’s key goals is to implement a new technological way of living and to promote the digitalization of Russia’s economy.
JSC United Engine Corporation (part of State Corporation Rostec) is an integrated structure specializing in the development, serial production and maintenance of engines for military and civil aviation, space programs and the navy, as well as oil and gas and energy industries. UEC’s priorities include implementation of comprehensive programs for the development of enterprises in the industry, introducing new technologies that meet international standards.