Russian Aircraft Corporation MiG in turn replaced by Alexey Fedorov in September 2004. In 2006, the Russian government merged 100% of Mikoyan shares with Ilyushin, Irkut, Sukhoi, Tupolev, and Yakovlev as a new company named United Aircraft Corporation. Specifically, Mikoyan and Sukhoi were placed within the same operating unit. MiG failed to win any major aircraft tender in the post-Soviet era, falling behind its Russian rival Sukhoi. According to press reports, the company was shedding hundreds of employees in late 2017 due to a shortage of orders. As of 2015 the company's business offering consists mostly of modernized MiG-29 aircraft. MiG is developing a
Sukhoi-Gulfstream S-21 speeds. As of 2012, the project had not received any funding for the 2013-2025 development period and appeared to be cancelled. Sukhoi-Gulfstream S-21 Sukhoi-Gulfstream S-21 was a projected Russian-American supersonic business jet. In the early 1990s, Gulfstream Aerospace and the Sukhoi Design Bureau began a joint effort to develop a supersonic small business jet, code named the S-21. Due to questionable market demand for commercial supersonic air travel, commitment to the project weakened and delays mounted. Gulfstream eventually dissolved the partnership, although Sukhoi continued work on the S-21. The S-21 would be capable of sustained cruise at Mach 2+ and