The Russian aerospace Industry
The Russian aerospace industry has inherited from the Soviet Union brilliant technologies and competencies in the fields of space carriers, rocket engines and satellites.
Roscosmos, the Russian Space Agency, owns most of the large
Despite this high level of control, official development plans and projects in all three segments are ambitious and open new opportunities for foreign companies as the development of civil applications are increasingly becoming a priority.
Drivers opening up business opportunities for foreign companies:
- The need to modernize manufacturing and make it a
- The objective to increase the share of civil products to an average of 30% by 2025, and to 50% by 2030
- The necessity to develop a more reliable suppliers’ network for the aviation, space rocket industry and satellite construction, where the share of foreign components reaches 70%
The region of Samara in the Volga Federal District is the main Russian Aerospace Cluster. It concentrates activities in all three major segments and accounts for about 45’000 jobs in this industry.
Any questions on the Russian aerospace industry?
Check out our latest Russian Aerospace Industry Report or ask for a free consultation; our team will be glad to help you research the market, develop sales or help you set up your company in Russia.