Formed in 1934 as United Aircraft Corporation, it adopted its present name in 1975. The Il-214 would perform regular transport duties as well as deploying paratroopers. As of 2020, it is the largest and heaviest combat aircraft, the fastest bomber in use and the largest and heaviest variable-sweep wing airplane ever flown. UTC’s other major units are Otis Elevator Company, which specializes in elevators, escalators, moving walks, and shuttle systems; and Carrier Corporation, which makes heating, ventilating, and air-conditioning systems, building controls, and commercial and transport refrigeration equipment. [50], On 25 June 2016, the UAC and the Chinese Government owned aircraft corporation, Comac, signed a joint venture contract, China-Russia Aircraft International Co, Ltd. (CRAIC), based in Shanghai. and to compete with the Airbus A320neo and the Boeing B737 MAX. [45][46], On 8 June 2016, UAC officially revealed the Irkut MC-21, its first medium-range jet airliner, when it rolled out in Irkutsk. In April 2015, Russian Defense Minister Sergey Shoygu ordered launching production of the Tu-160’s profoundly upgraded modification. The goal of the MC-21 is to replace the Tupolev Tu-154, Tupolev Tu-134, Tupolev Tu-204, and the Yakovlev Yak-42. Russia's United Aircraft Corporation Flies First Modernized Tu-160M Heavy Strategic Bomber, French Air Force Unveils H160M Guépard (Cheetah) Light Attack Helicopter to Succ…, German Parliament Approves €5.4 Billion Budget for 38 Tranche 4 Eurofighters, US Approves $175 Million Upgrade Package for Romanian F-16s, Russian Central Military District Iskander-M Missile Live-Fire Exercise, Russian Air Force to Get First Su-57 Stealth Fifth-Generation Fighter in Decembe…, Israeli Navy Unveils Sa’ar 6 Missile Guided Corvette, General Dynamics Electric Boat Awarded $9.5 Billion by U.S. Navy for Columbia-Cl…, Northrop Grumman to Build Coyote Target Missiles for US Navy and Japan Maritime …, Rohde & Schwarz to Supply Guardia di Finanza Offshore Patrol Vessels with C…, US Approves Sale of MQ-9 SeaGuardian Aerial Drones to Taiwan, India’s Defence Research and Development Organisation Test Fires New Pinaka Rock…, Ukraine Eyes Czech DANA M2 Self-Propelled Howitzers, Turkey’s Otokar Receives Order of Arma and Cobra II Armored Vehicles from Africa…, NATO Deploys Very High Readiness Joint Task Force (VJTF) in Major Test, CMI Defence America Becomes John Cockerill Defense America, French Air Force Unveils H160M Guépard (Cheetah) Light Attack Helicopter to Succeed Fennec, Russian Air Force to Get First Su-57 Stealth Fifth-Generation Fighter in December, US Transportation Command (USTRANSCOM) Considers Next Steps for Potential Space Logistics, UK Blocks Sale of South Korean FA-50 Fighters to Argentine Air Force, Rockwell B-1B Lancer Variable-Sweep Wing Heavy Bomber, Guyana Cleared to Buy Bell 412EPI and 429 Helicopters, Australia’s Grollo Aerospace Reveals EVADER Supersonic Training Missile, Royal Thai Army Orders Its Third Hensoldt TRML-3D Mobile Air Surveillance Radar, Collins Aerospace to Upgrade US Air Force F-15 Fighter with ACES 5 Ejection Seats, US Navy and Boeing Partner on Future Ramjet Missile Technology, L3Harris Technologies Wins $98 Million for F-16 Advanced Integrated Defense Electronic Warfare Suite, Northrop Grumman Wins $158 Million to Sustain Korean RQ-4 Global Hawk Drones, Hellenic Air Force to Take Over F-35As Initially Intended for Turkish Air Force, Serbian Mikoyan MiG-29 Fighters Modernised, Northrop Grumman Begins Building First Triton MQ-4C Triton for Australia, Philippine Coast Guard H145 Light Utility Helicopter, Boeing on Contract for Two More Japan KC-46 Tankers, US Air Force Nuclear Weapons Center Team Supports LGM-30G Minuteman III Missile Test Launch, A330 MRTT Voyager Achieves Clearance to Refuel A400M Aircraft, US Air Force Contracts Study to Transform Airlifters in Weapon Platforms, Royal Australian Air Force E-7 Wedgetail AEW&C Aircraft Returns Home, Israeli Navy Unveils Sa'ar 6 Missile Guided Corvette, General Dynamics Electric Boat Awarded $9.5 Billion by U.S. Navy for Columbia-Class Submarines. The Sukhoi Superjet 100 is the first airliner and regional jet airliner that is developed and exported under the UAC brand, by which it was developed by Sukhoi Civil Aircraft, a branch of the UAC. The origin of UTC lies with the company formed in 1928 by William E. Boeing as Boeing Airplane & Transport Corporation, which held controlling interests in Boeing Airplane Company, Boeing Air Transport Inc., and Pacific Air Transport (see Boeing Company).