Almaz-Antey Corporation

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Almaz-Antey
Native name
Алмаз-Антей
Company typeOpen Joint Stock Company
IndustryAerospace & Defense
Founded2002; 22 years ago (2002)
Headquarters41 Vereyskaya str. Moscow, Russia, 121471[1]
Key people
Novikov Yan Valentinovich (General Director)[2]
ProductsAnti-aircraft defence systems, Mobile command centers, Guidance systems, Missiles, Anti-ballistic missiles, Cruise missiles, Radars, Automated control systems, Navigation systems, Air traffic systems, Remote weapon stations, Automated turrets, Naval artillery, Artillery shells, Firearms, Ventilation valves, Sewage treatment systems, Unmanned aerial vehicles
Revenue$2.24 billion[3] (2015)
$303 million[3] (2015)
$461 million[3] (2015)
Total assets$7.07 billion[3] (2015)
Total equity$1.9 billion[3] (2015)
OwnerFederal Agency for State Property Management[4]
Number of employees
130 000
Websitewww.almaz-antey.ru

JSC Concern VKO "Almaz-Antey" (Russian: ОАО "Концерн ВКО "Алмаз-Антей"») is a Russian state-owned company in the arms industry, a result of a merger of Antey Corporation and NPO Almaz, unifying some of the national military enterprises, in particular, the developers of anti-aircraft defence and cruise missile systems. The organisation is headquartered in Moscow and is the world's eighth-largest defence contractor measured by 2017 defence revenues. In 2017, Almaz-Antey had arms sales of $9.125 billion.[5]

The Almaz-Antey group produce air defense systems, firearms for aircraft and armored vehicles, artillery shells and surface-to-surface missiles, airspace surveillance and coordination and artillery radars. The Group also manufacture civilian products such as navigation systems, air traffic systems, civil airtraffic- and weather radars, sewage cleaning systems, ventilation valves for nuclear power plants, and plastic packaging for cosmetics and food products.

History

Almaz-Antey was founded in 2002 by Presidential Decree 412 of the Russian President.[6]

In 2003 the Director General of Almaz-Antey, Igor Klimov was shot dead. A criminal investigation found his death was linked to a property audit inside the company.[7]

The current Board is headed by Viktor Ivanov, Director General; Vladislav Menshikov, Chief Designer; and Anatoly Savin.

On 16 July 2014, the Obama administration imposed sanctions through the US Department of Treasury's Office of Foreign Assets Control (OFAC) by adding Almaz-Antey Concern and other entities to the Sectoral Sanctions Identifications List (SSI) in retaliation for the ongoing Ukrainian crisis, annexation of the Crimean Peninsula by the Kremlin, and the Russian interference in Ukraine.[8][9]

In February 2015 the President of Russia signed a Decree to rename JSC Concern PVO "Almaz-Antey" to Concern VKO "Almaz-Antey", and to increase its capitalization. 'PVO' means Protivo-Vozdushnaya Oborona - air defence forces, the Russian name for the Soviet Air Defence Forces branch of the Soviet and Russian military. 'VKO' (or BKO), the Russian Aerospace Defence Forces, was the branch of the Armed Forces of the Russian Federation responsible for air and missile defence, and the operation of Russian military satellites and the Plesetsk Cosmodrome. In August 2015, the Russian Aerospace Forces was created, and includes both the Air Force, and the Aerospace Defence Forces.

In March 2022, as a result of the 2022 Russian invasion of Ukraine the EU imposed sanctions on Almaz-Antey Corporation.[10]

Structure

Companies of the holding as of September 2014:[4]

See also

References

  1. ^ Almaz-Antey official address at rosprom.gov.ru
  2. ^ "Гендиректором концерна ПВО Алмаз-Антей стал Ян Новиков" (in Russian). Взгляд. 31 March 2014.
  3. ^ a b c d e Error: Unable to display the reference properly. See the documentation for details.
  4. ^ a b "Список Аффилированных Лиц". Almaz - Antey. 30 September 2014. Archived from the original on 20 May 2015. Retrieved 4 July 2017.
  5. ^ Defense News
  6. ^ История. Алмаз-Антей (in Russian). 21 August 2007. Archived from the original on 16 September 2008. Retrieved 10 August 2008.
  7. ^ "Игоря Климова убили в целях самообороны". Газета "Коммерсантъ". 5 November 2007. p. 4. Retrieved 15 November 2017.
  8. ^ "Ukraine-related Sanctions; Publication of Executive Order 13662 Sectoral Sanctions Identifications List". treasury.gov. 16 July 2014.
  9. ^ "Announcement of Treasury Sanctions on Entities Within the Financial Services and Energy Sectors of Russia, Against Arms or Related Materiel Entities, and those Undermining Ukraine's Sovereignty". treasury.gov. 16 July 2014.
  10. ^ "EU introduces additional sanctions against Russia". 17 March 2022. Retrieved 8 February 2023.

External links