Russia's Arsenyev Aviation Company to be Modernised for up to 6 Billion Roubles

Russian Helicopters is pursuing modernisation of constituent companies by introducing prospective industry technology to the manufacturing process. As part of this move Arsenyev Aviation Company Progress named after N.I. Sazykin will see full-scale technical overhaul in 2009—2015. The company manufactures the famous Ka-50 Black Shark and Ka-52 Alligator attack helicopters and the Ka-60/62. The new light Mi-34C2 Peregrine is about to enter production.

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