Since the Ukrainian crisis, aerospace industry revenues have fallen by 80%. In June 2016, the Antonov Corporation merged with the state-owned military conglomerate UkrOboronProm, forming Ukrainian Aircraft Corporation within its structure. This merger was done in order to boost Antonov profits and the production rate. Currently, Antonov is working on two cargo planes: An-178, a cargo version of An-158, and An-132D, a redesigned version of An-32. The An-132 is developed jointly with Saudi's Taqnia Aeronautics Company, featuring western avionics and engines. The roll out and first flight is due at the beginning of January 2017.