KYIV, June 13 – A group of Ukrainian defense companies are seeking $12.7 million investment from the government to start production of advanced helicopters, an industry source said Wednesday.
The Kyiv-based aircraft manufacturer Antonov, aircraft engine producer Ivchenko-Progress and Vertikal design bureau jointly designed light multi-purpose KT-112 Kadet helicopter.
“The need for investments in certification and organization of bulk production of the helicopter is estimated at $12.7 million," the source said.
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