The story
Founded by Government of Russia in 2002.1
Almaz-Antey was founded in 2002 by Presidential Decree 412 of the Russian president.
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.
The current board is headed by Viktor Ivanov.
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.
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.
In September 2025, the company stated that the commissioning of new production facilities allowed it to increase the production of some products by four times. The company also reported that increased the production of S-350 missile system and S-400 air defense system by more than two times over the past year and also mastered the production of new missile weapons.
From Wikipedia’s article on Almaz-Antey Corporation, shared under CC BY-SA 4.0.4