
Sierra Nevada Corporation (SNC), a United States-based aerospace and aviation systems company, announces the formation of its newest wholly-owned subsidiary, TRJet Havacilik Teknolojileri Anonim Şirketi (TRJet). The announcement at the Paris Air Show follows SNC's May 27, 2015 signing of a Memorandum of Understanding involving the Savunma Teknolojileri Mühendislik ve Ticaret A.S. (STM) in support of the Turkish Ministry of Transport, Maritime Affairs & Communications to produce the country's first regional jet as part of its Regional Aircraft Project.