Since its establishment in 1953, the company's name has changed numerous times in turn from
U.R.A. to
I.R.Av,
I.Av. and finally
Aerostar. It has been subordinated to the
Ministry of Armed Forces and is currently a subsidiary of IAROM, former National Centre of the Romanian Aeronautical industry (CNIAR). trainer aircraft Aerostar has been a major provider of
maintenance, repair and overhaul (MRO) services for all aircraft types used by the Romanian military. The company also developed the
IAR-93 twin-engine, tactical ground-attack and reconnaissance aircraft, which was the first fighter aircraft produced in Romania following the end of the
Second World War. Furthermore, the company has also produced more than 1,800
Yak-52 trainer aircraft; it was manufactured in Romania in three versions: the
Iak-52,
Iak-52W, and
Iak-52TW. Aerostar developed its own range of light civil aircraft for
aerobatics and sport aviation, such as the
Festival light-sport aircraft. During the 1990s and 2000s, upgrade programs for both the
MiG-21 (MiG-21 LanceR) and
MiG-29 were developed by Aerostar in cooperation with the
Israeli defense electronics specialist
Elbit Systems. Aerostar has implemented these upgrades to produce the
Romanian Air Force's
MiG-21 LanceR fleet from its existing inventory of MiG-21 and MiG-21 bis fighters. The firm has also supplied similarly upgraded MiG-21s to international operators, such as the
Mozambique Air Force. However, the MiG-29 SNIPER upgrade never progressed being a technological demonstrator as the service opted to concentrate its limited resources upon the MiG-21 instead. Around the same time, a modernisation program was also carried out on the Iak-52W and Iak-52TW trainers. The firm was also involved in the
LAROM modernization program, which upgraded the 40 APRA 122 FMC multiple rocket launchers belonging to the
Romanian Army. During the 1990s and 2000s, the company became engaged in numerous international projects, regularly in partnership with various other aerospace companies, including
Elbit Systems,
Thales Group (
Thomson-CSF),
EADS (
DaimlerChrysler Aerospace) and
Textron Marine & Land Systems. On separate occasions, Aerostar's management has stated that such partnerships are a deliberate element of the company's long-term strategy. One major sector of work for the firm has been the aerostructures sector. Starting in the 1990s, the Romanian government launched efforts to privatise many of its state-owned assets, including Aerostar. According to aerospace periodical
Flight International, various international companies, including the German aerospace conglomerate
DASA, reportedly took an interest in acquiring the company. In February 2000, it was announced that the Romanian government's 69.99 percent stake in the firm would be acquired by a private consortium of Aerostar management and employees (PAS) and
IAROM; the nation maintained a
golden share to potentially
veto decisions that would seriously impact the firm's defense capabilities. That same year, Aerostar was restructured as a
limited liability company, reportedly for tax purposes as well as to increase its appeal to potential investors, which were actively sought to fund the firm's expansion plans. In the mid-2000s, Aerostar was contracted to produce
Southern Condor powered parachute airframes for the American company
Southern Powered Parachutes, which were sold to consumers in the
North American market. During the late 2000s, the company started manufacturing a new line of
unmanned aerial vehicles (UAVs) with
Israeli assistance; multiple deals were arranged with foreign militaries for Aerostar-built UAVs. In 2011, the firm received work from an agreement between Elbit and the Romanian Air Force to upgrade the latter's fleet of
Lockheed Martin C-130 Hercules cargo aircraft. In recent decades, Aerostar has sought to provide its MRO services to various commercial and international operators; since 2003, the servicing and heavy maintenance of civilian
Boeing 737s has been one such undertaking. In 2012, to provide increased capacity for this work, a new hangar was completed at the company's Bacău facility. During May 2015, Russian low-cost airline
Utair arranged for its 737 fleet to be serviced by the firm; by this point, upwards of 50 737s per year were receiving C-checks alone at Aerostar's facilities. Similarly, the company has also provided MRO services for operators of the
Airbus A320 family. In September 2020, Aerostar opened a new aircraft maintenance center at the
Iași Airport. Starting in 2021, Aerostar will perform the maintenance service of the
Romanian Air Force F-16 fighter aircraft. The "Phase inspection" contract on F-16 number 1603 was awarded to the company on 17 September 2021. In partnership with
Lockheed Martin, Aerostar opened the first maintenance centers in Europe for the
S-70 Black Hawk helicopters and the
M142 HIMARS multiple rocket launchers in 2024. ==Warbird projects==