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Mi-8 helicopter lost in Russia's Yamal was running out of fuel — IACWorld October 26, 20:20
The project seeks start-up investment of 10.6 billion roubles (nearly $310 million) to establish a design bureau, centres of advanced development and serial manufacturing capacity.
Proposals have been announced by a subsidiary of Russian state corporation Rostec, set up to promote development, production and export of hi-tech industrial products for civil and defense sectors.
Radio-Electronic Technologies has launched its plan for a technology complex opening by 2018 and running into profit in five years, according to a company announcement.
“The dual purpose of the tech park suggests that its services and facilities will be available for private companies producing hi-tech civil products, in particular to develop complex and individual information solutions for the protection of people as well as transport, energy, residential and industrial objects,” the company said.
Radio-Electronic Technologies was launched in 2009. It groups 97 facilities specialising in the development and production of avionics for combat and civil aviation, air-launched radar stations, electronic combat complexes and friend-or-foe identification technology.