History / Heritage
ATSC (Aerospace Technology Systems Corp Sdn. Bhd.)was initially
registered as MRAS (Malaysian Russian Aviation Services Sdn.
Bhd.) on 25th June 1994 as a result of a memorandum of understanding
between the government of Malaysia, the Russian State Corporation
"Rosvoorouzhenie", and Moscow Aircraft Production
Organization (MAPO "MiG) which was signed on the 7th
The joint venture company was formed for
the purposes of providing a total support for the RMAF MiG
29 aircraft. It was also aimed at developing the country's
technical capability by providing a base and coordination
for the expansion of advanced technology in the aviation industry.
The MOU also envisaged the development of
the company to become the center of logistics and technical
support for the aircraft and other aviation products of Russian
origin in the region of South East Asia and Australasia.
The company was activated on 3rd May 1995
and assumed the name of Aerospace Technology Systems Corp.
Sdn. Bhd. (or ATSC) to reflect the wider roles consistent
with its mission to develop aerospace technologies.
The joint venture agreement between the principal
parties was signed on 30th September 1995 with the authorized
capital of RM 50 million. The paid up capital of the Company
was RM 40 million with the following equity holdings;
- Malaysian Minister Finance Inc 70%
- MAPO "MiG" 25%
- SC "Rosvoorouzhenie" 5%
Statement Of Purpose
"ATSC mission is to develop aerospace technologies, and
the vision is to be a preferred choice for technologically
superior products and excellent quality services."
The company is in the business of aerospace and the vision
is to be a leading aerospace company with an international
reputation for technologically superior products and excellent
Major objectives are:
To provide all the necessary support
in the maintenance and sustainance of the RMAF's fleet
of MiG 29 aircraft at a high state of readiness.
To enhance, modernize and market MiG
29 and other aircraft with the leading edge state of the
To develop technologies in the design
and production, repair and maintenance of aircraft and
associated systems, vehicles and equipment.
To promote the development of aerospace
technologists, artisans and specialists.
- To promote the development of product support infrastructures
that contribute to national resilience and national growth
in the aerospace industry.
To act as responsible corporate citizens
and generate reasonable returns on the shareholder funds
Core business is support and enhancement of MiG 29 aircraft
in its totality from maintenance, repair and overhaul, technical
services, upgrading and modernization, to supply and distribution
of spares and materials. Secondary lines cover similar activities
related to fighter/strike aircraft technologies, aerospace
ground support vehicles, equipment and systems