Russian military aircraft maker reports heavy financial losses

Russia’s Taganrog Aviation Scientific-Technical Complex named after Beriev (TANTK Beriev) reported a net loss of more than 5 billion rubles, or approximately $65 million, in 2025, according to financial statements published on Interfax. The results represent a sharp reversal from 2024, when the company posted a profit of 1.19 billion rubles (about $15.4 million). Financial […]