To date, more than 5,000 high-speed passenger hydrofoils have been built under the Alekseev's Design Bureau's projects and being successfully operated at least in 35 countries around the world.
Wide recognition of Alekseev’s Design Bureau in Russian and abroad is basicly provided by the leadership and innovation directions of high-speed shipbuilding which are to be continued to the present time. For the first time in world practice, new generation vehicles - ground effect crafts were designed and built. These crafts are high-speed and with high cargo and passenger capacity having no equals in the whole world.
By the Decree of the Presidium of the Supreme Council of the USSR on December 4, 1985 Alekseev’s Design Bureau was awarded with order the Red Banner of Labor. More than 250 employees had been also endorsed for their hard work by developing of the vessels.