Ukrainian company UkrSpecExport has won a multi-million dollar contract to modernize the Ilyushin Il-78 aerial refueling aircraft of the Pakistan Air Force (PAF).
UkrSpecExport is a state-owned arms trading company and a part of the state conglomerate UkrOboronProm.
According to the official statement issued by UkrOboronProm, the modernization work of PAF’s Ilyushin Il-78 aircraft will be carried out by the Mykolaiv Aircraft Repair Plant in Southern Ukraine.
Initially, 1 Ilyushin Il-78 aircraft will be modernized. If the work turns out as intended, PAF will extend the deal with UkrSpecExport to modernize 2 more Ilyushin Il-78 aircraft, taking the total worth of the deal to over $30 million.
Director UkrSpecExport, Vadym Nozdrya, has said:
Executing this contract will allow us to provide a full workload for our aircraft repair enterprise and ensure an inflow of foreign currency revenue into Ukraine.