New U.S. sanctions won't affect PD-14 aircraft engine production - Rostec
PERM. Sept 26 (Interfax) - The latest U.S. sanctions, which have affected the Rostec corporation's UEC-Aviadvigatel aircraft engine design bureau from Perm among other enterprises, will not affect production of the PD-14 engine, a Rostec representative told Interfax.
"The sanctions will in no way affect the PD-14 program. The share of imported components in UEC-Aviadvigatel's engines is minimal. Import substitution work is being carried out on a routine basis," Rostec said.
The U.S. Department of Commerce on Tuesday imposed restrictions on 12 Russian companies, including UEC-Aviadvigatel, that "were reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States." Licenses granted to these entities will be reviewed, and the U.S. Department of Commerce will introduce additional requirements and restrictions in the licensing of these companies, including with regard to export, re-export, and transfer operations. These additions will enter into force on the day of publication, September 26.
JSC UEC-Aviadvigatel is a design bureau which develops gas turbine engines for aviation and aeroderivative industrial gas turbine units and gensets. It is the lead designer of the family of the fifth generation engines for MC-21 type short- and medium-haul aircraft and IGTs. Development of the baseline PD-14 engine is one of the priorities of the state program for the Development of Aerospace Industry in 2013-2025.
United Engine Corporation (UEC) owns 71.74% of Aviadvigatel's shares.