Russia's Roscosmos Reveals Cost of Angara Heavy-Lift Rocket for Defence Ministry

The production cost of each of Russia's new Angara-A5 heavy-lift rockets, manufactured for the Defence Ministry under a contract on test flights, is below 5 billion rubles ($71.6 million), the State Space Corporation Roscosmos said on Monday.

"The contract for several rockets of this type was signed, as part of the research and development work, at a price below 5 billion rubles for one rocket. This is significantly lower than the starting price that some media outlets refer to," a Roscosmos representative said.

Earlier in the day, financial reports of the Khrunichev State Research and Production Space Center revealed that the cost stands at 7 billion rubles and will be reduced to 4 billion rubles when the production is transferred to Omsk.

The high cost of the Angara-A5 rocket is explained by the fact that the assembly is performed in two cities, Moscow and Omsk, and is also due to the one-off production, the representative of the space corporation added.

Source: RIA Novosti

Related Links
Roscosmos
Rocket Science News at Space-Travel.Com

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

Gilmour Space achieves 45-second milestone in latest hybrid rocket engine test fire
Gold Coast, Australia (SPX) Jun 25, 2020
Australia's leading rocket company has reached another milestone in its mission to launch small satellites to space by 2022. Rocket engineers at Gilmour Space Technologies in Queensland, Australia, have completed the first in a series of major technology demonstrations this year: a successful 45-second 'hot fire' of their upper-stage hybrid rocket engine. "This was our longest and most efficient test fire to date," said Gilmour Space CEO and co-founder, Adam Gilmour. "It's a key demonstratio ... read more