Russian HSC to Repair Helicopters of the Forest Aviation Headquarters of Republic of Korea

MOSCOW, October 23, 2015 /PRNewswire/ -- Helicopter Service Company (HSC), an affiliate of Russian Helicopters Holding, and the Forest Aviation Headquarters of the Republic of Korea signed a repair contract on four Ka-32T helicopters belonging to the South Korean operator.

According to the contract terms, all repair work will be conducted to extend the lifespan of the helicopters by 2,000 flight hours and by 10 years - until the next overhaul maintenance. This is the first direct contract between HSC and the South Korean operator not requiring a mediator. Previously, such work was done by LG International at its service center while HSC operated as a subcontractor.

All repair work under the contract will be conducted by Kumertau Aviation Production Enterprise, which is also a Russian Helicopters subsidiary. The repairs will take place at the Forest Aviation Headquarters technical centre in Wonju, which is equipped for such work. All repairs must be fully completed within 8 months.

The Kamov Ka-32 is a general designation of a medium transport helicopter of a coaxial design with two turboshaft engines and fixed landing gear. The Kamov Ka-32 is a civilian version of Ka-27PS search-and-rescue helicopter that was developed by the Kamov Design Bureau. Since 1985, the Ka-32 type helicopters have been serially produced by Kumertau Aviation Production Enterprise. Currently, more than 60 Ka-32 helicopters are successfully operated for various tasks in South Korea with their total flight hours exceeding 100,000.

Kumertau Aviation Production Enterprise is a subsidiary of Russian Helicopters and is the largest industrial facility in Kumertau, which produces high-tech helicopters and special vehicles. Kumertau Aviation Production Enterprise specializes in production of coaxial helicopters. It produces all types of helicopters belonging to Ka-27 family, Ka-31, civil multirole helicopter D？D°-32D？11D？D？, and the latest Ka-226 and Ka-226T helicopters.

Russian Helicopters, JSC (part of State Corporation Rostec) is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters was founded in 2007 and is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. In 2014 its IFRS revenues increased 22.8% to RUB 169.8 billion. Deliveries reached 271 helicopters.

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 700 organisations, nine of which have now been formed as holding companies of the military-industrial complex, five of them are involved in civil industries and 22 are directly controlled. Rostec's portfolio includes recognised brands such as Avtovaz, Kamaz, Russian Helicopters, and VSMPO-AVISMA. Rostec's organisations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2013 amounted to RUB 1.04 trillion. The tax deductions into the treasuries at all levels exceeded RUB 138 billion.