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
Flag of the Russian-American Company the Russian-American Company, and, when you see that the enemy intends to attack you, exhort the crewmen to defend fearlessly the imperially conferred flag of the RAC and not to disgrace the glory of the Russian name…" These were the first of many "firsts" involving what was to become an increasingly symbiotic relationship between the Imperial government and the Russian-American company, which had necessitated the creation of a new commercial flag that incorporated symbols which would identify it as a State-sponsored entity. Russia, and in particular Ivan Kruzenstern, had paid close attention to other countries government-chartered commercial enterprises. Both England