JSC Concern VKO "Almaz-Antey" (Russian: ОАО "Концерн ВКО "Алмаз-Антей"») is a Russian state-owned company in the arms industry, a result of a merger of Antey Corporation and NPO Almaz, unifying some of the national military enterprises, in particular, the developers of anti-aircraft defence and cruise missile systems. The organisation is headquartered in Moscow and is the world's eighth-largest defence contractor measured by 2017 defence revenues. In 2017, Almaz-Antey had arms sales of $9.125 billion.^[5]

Quick Facts Native name, Company type ...

Almaz-Antey

Native name	Алмаз-Антей
Company type	Open Joint Stock Company
Industry	Aerospace & Defense
Founded	2002; 22 years ago (2002)
Headquarters	41 Vereyskaya str. Moscow, Russia, 121471[1]
Key people	Novikov Yan Valentinovich (General Director)[2]
Products	Anti-aircraft defence systems, Mobile command centers, Guidance systems, Missiles, Anti-ballistic missiles, Cruise missiles, Radars, Automated control systems, Navigation systems, Air traffic systems, Remote weapon stations, Automated turrets, Naval artillery, Artillery shells, Firearms, Ventilation valves, Sewage treatment systems, Unmanned aerial vehicles
Revenue	$2.24 billion[3] (2015)
Operating income	$303 million[3] (2015)
Net income	$461 million[3] (2015)
Total assets	$7.07 billion[3] (2015)
Total equity	$1.9 billion[3] (2015)
Owner	Federal Agency for State Property Management[4]
Number of employees	130 000
Website	www.almaz-antey.ru

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The Almaz-Antey group produce air defense systems, firearms for aircraft and armored vehicles, artillery shells and surface-to-surface missiles, airspace surveillance and coordination and artillery radars. The Group also manufacture civilian products such as navigation systems, air traffic systems, civil airtraffic- and weather radars, sewage cleaning systems, ventilation valves for nuclear power plants, and plastic packaging for cosmetics and food products.

Almaz-Antey was founded in 2002 by Presidential Decree 412 of the Russian President.^[6]

In 2003 the Director General of Almaz-Antey, Igor Klimov was shot dead. A criminal investigation found his death was linked to a property audit inside the company.^[7]

The current Board is headed by Viktor Ivanov, Director General; Vladislav Menshikov, Chief Designer; and Anatoly Savin.

On 16 July 2014, the Obama administration imposed sanctions through the US Department of Treasury's Office of Foreign Assets Control (OFAC) by adding Almaz-Antey Concern and other entities to the Sectoral Sanctions Identifications List (SSI) in retaliation for the ongoing Ukrainian crisis, annexation of the Crimean Peninsula by the Kremlin, and the Russian interference in Ukraine.^[8][9]

In February 2015 the President of Russia signed a Decree to rename JSC Concern PVO "Almaz-Antey" to Concern VKO "Almaz-Antey", and to increase its capitalization. 'PVO' means Protivo-Vozdushnaya Oborona - air defence forces, the Russian name for the Soviet Air Defence Forces branch of the Soviet and Russian military. 'VKO' (or BKO), the Russian Aerospace Defence Forces, was the branch of the Armed Forces of the Russian Federation responsible for air and missile defence, and the operation of Russian military satellites and the Plesetsk Cosmodrome. In August 2015, the Russian Aerospace Forces was created, and includes both the Air Force, and the Aerospace Defence Forces.

In March 2022, as a result of the 2022 Russian invasion of Ukraine the EU imposed sanctions on Almaz-Antey Corporation.^[10]

Companies of the holding as of September 2014:^[4]

• Rosoboronexport
• Rostec
• Sozvezdie
• Titan-Barrikady
• Uralvagonzavod