Opening the meeting of the Board of the Heads of Companies of Aerospace Equipment Corporation on November 20, 2009, its General Director Yu.Yu. Zaplatkin reminded those present that pursuant to Resolution No. 39, dated March 25, 2009, Rostekhnologii formed JSC Aviapriborostroyenie — an aircraft instrument making consortium, with Aerospace Equipment and some its affiliated divisions named as the group members. Unfortunately, it is still undecided whether some Aerospace Equipment’s businesses are to become Rostekhnologii’s elements or not. Meanwhile, Aviapriborostroyenie is devising a concept of a large holding in the aircraft instrument making sector, nominating the centers of competence among the current developers and manufacturers of end products and those who will be responsible for their maintenance and servicing. A key issue is how to set up a single-based system to ensure the military and technical cooperation of the would-be holding with foreign companies, using the existing achievements and capabilities of Aerospace Equipment Corporation.
The World of Avionics publishes extracts from the speech by corporations CEO Zaplatkin at the meeting of the Board of the heads of corporation’s companies.

It is not the objective of today’s meeting of the heads of corporation’s divisions to give financial and economic summary of our operations this year, but we will focus on the targets, which were set in 2009 and discuss out plans for the next year. I would like to mention that our previous meetings generally addressed the financial and economic indicators of the group and other related businesses in total, but this time we will only take into account our own subgroups and affiliates.