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Tactical Missiles Corporation

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Tactical Missiles Corporation
Native name
Russian: Акционерное общество Корпорация Тактическое Ракетное Вооружение
Company typeJoint-stock company
IndustryDefense industry
Aerospace industry
Space industry
FoundedJanuary 24, 2002; 23 years ago (2002-01-24)
Headquarters
Korolyov, Moscow Oblast
,
Russia
Area served
worldwide
Key people
Boris Viktorovich Obnosov (CEO)
ProductsPrecision-guided munitions, Missiles, Ballistic missiles, Cruise missiles, Air-launched cruise missiles, Anti-aircraft missile systems, Anti-ship cruise missiles, Torpedoes, Underwater weapons, Aerial bombs, Glide bombs, Avionics, Electronics, Radars, Spacecraft, Unmanned aerial vehicles, Launch vehicles, Batteries
Revenue$2.58 billion[1][2] (2016; 2018)
$248 million[1] (2016)
OwnerFederal Agency for State Property Management (100%)[3]
Number of employees
50,606[1] (2016; 2021)
Websitewww.ktrv.ru
Tactical Missiles Corporation

JSC Tactical Missiles Corporation (KTRV) (Russian: АО «Корпорация Тактическое Ракетное Вооружение», КТРВ) is a major Russian holding company for the manufacturers of military weapons (especially missiles), headquartered in Korolyov, Moscow Oblast.

History

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Tactical Missiles Corporation was founded on the basis of Zvezda-Strela by the Decree of Russian President №84, signed on January 24, 2002.

Zvezda-Strela was a major designer and producer of military missile systems, and included the Zvezda Experimental Design Bureau (OKB), a serial production design bureau (SKB), the main Strela plant, and machine building plants in Kostroma and Bendery Moldova. It was formerly part of the missile-industry grouping Spetstekhnika (Special Equipment).[4]

The structure of Tactical Missiles Corporation was expanded by subsequent decrees №591 on May 9, 2004 and №930 on July 20, 2007.

The holding is sanctioned by New Zealand in relation to the 2022 Russian invasion of Ukraine.[5]

It was reported in September 2023 that the company had doubled the production of high precision weapons over the past six months.[6] It was also reported in January 2024 that since February 2022 the company had increased the production of the most demanded high-precision weapons by 5 times.[7]

Structure

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Structure of the holding:[8]

Missiles

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Torpedoes

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Guided bombs

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Owners and management

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Rosimushchestvo owns 100% of the corporation's shares.[12] The headquarters is located in Korolyov.[13]

As of May 25, 2024 Boris Obnosov has been the General Director of KTRV since March 13, 2003.[13]

Financial indicators

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In 2022 the net profit amounted to 456.6 million rubles.[12]

Awards

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  • Badge of Honour "For Success in Labour" (January 20, 2022) – for great contribution to the creation of new special equipment, strengthening the country's defense capability and high performance in production activities[14]

Sanctions

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Since April 8, 2022 the corporation has been included in the EU sanctions list.[15] On February 24, 2022, the corporation was added to the sanctions list of Canada.[16] On April 1, 2022 the corporation was included in the US sanctions lists for the purchase of products prohibited by export restrictions.[17]

References

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  1. ^ a b c http://www.rbc.ru/companies/id/467. {{cite web}}: Missing or empty |title= (help)
  2. ^ SIPRI Arms Industry Database, Stockholm International Peace Research Institute, Wikidata Q105906798
  3. ^ "Корпорация Тактическое ракетное вооружение". РБК. Retrieved 23 September 2017.
  4. ^ "Russian Defense Business Directory". Federation of American Scientists. US Department of Commerce Bureau of Export Administration. May 1995. Retrieved 21 July 2017.[permanent dead link] Public Domain This article incorporates text from this source, which is in the public domain.
  5. ^ "Russia Sanctions Regulations 2022". Retrieved 11 February 2023.
  6. ^ "Missile producer CEO informs Shoigu about doubling production of high-precision weapons".
  7. ^ Новости, РИА (2024-01-12). "Шойгу проверил ход выполнения гособоронзаказа на предприятии КТРВ". РИА Новости (in Russian). Retrieved 2024-01-14.
  8. ^ "АО "Корпорация Тактическое Ракетное Вооружение"". Ktrv.ru. Retrieved 13 June 2017.
  9. ^ "Products". eng.ktrv.ru. Archived from the original on 2022-10-06. Retrieved 2021-06-21.
  10. ^ Butowski, Piotr. "New Russian Lightweight Air-Launched Missile Revealed". Aviation week. Retrieved January 16, 2020.
  11. ^ "Russia's Tactical Missiles Corporation Unveils APR-3ME Grif Air Launched Torpedo". 20 July 2017.
  12. ^ a b "Тактическое ракетное перераспределение". Коммерсантъ (in Russian). 2024-05-21. Retrieved 2025-04-07.
  13. ^ a b "Что известно о корпорации "Тактическое ракетное вооружение"". TACC (in Russian). Retrieved 2025-04-07.
  14. ^ "Указ Президента Российской Федерации от 20.01.2022 № 16 ∙ Официальное опубликование правовых актов". publication.pravo.gov.ru (in Russian). Archived from the original on 2025-01-18. Retrieved 2025-04-07.
  15. ^ "ЕС заморозил активы ВТБ, "Новикомбанка", "Совкомбанка", банка "Открытие" и 14 компаний - ТАСС". TACC (in Russian). Retrieved 2025-04-07.
  16. ^ Canada, Global Affairs (2022-02-04). "Sanctions – Russian invasion of Ukraine". GAC. Retrieved 2025-04-07.
  17. ^ "США ввели санкции против 120 компаний из России и Белоруссии". Коммерсантъ (in Russian). 2022-04-01. Retrieved 2025-04-07.
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