United Aircraft Corporation

OAK is the abbreviated name of a Russian aircraft industrial company. ("United Aircraft Corporation", in Russian : Объединённая авиастроительная корпорация).

OAK was created in February 2006 by Russian President Vladimir Putin. The next step will occur at the end of 2006, when the second largest (and state-owned) Russian bank Vnechtorgbank will transfer to Irkut the 5% share in EADS it bought in the summer. EADS already owns 10% of Irkut.

It will be the largest conglomerate in Russia ever, encompassing Irkut, Mikoyan, Sukhoi, Ilyushin, Tupolev, and Yakovlev. By comparison, in the old USSR, by 1953, there were 25 aircraft design bureaus (see OKB) with experimental and serial production plants.

OAK will realize seven projects proposed by the Russian aircraft industry for instance the Sukhoi Superjet 100 (formerly the Russian Regional Jet) and a medium-range plane, MS-21 (by Irkut, Ilyushin and Tupolev).

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