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Defense Ministry, Moscow Thermal Technology Institute sign Yars, Bulava contracts

October 11, 2011, 18:46 UTC+3
State defense orders 2011 total 581.5 billion rubles
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MOSCOW, October 11 (Itar-Tass) —— The Russian Defense Ministry and the Moscow Thermal Technology Institute signed three contracts on Yars and Bulava missiles in August, First Deputy Defense Minister Alexander Sukhorukov said on Tuesday.

“Three contracts were signed with the Moscow Thermal Technology Institute on August 26 concerning three strategic missile systems, i.e. two Yars contracts and one Bulava contract,” he said. “Main works on the contracts of state defense orders 2011 are done. A total of 95% of state defense orders are placed.”

“Some 362 billion rubles have been transferred in payment for complete and future works [74% of the total contracted amount]. The deliveries are due before November 25, 2011,” he said. “The deadline may be extended until the first or second quarter of 2012 on coordination with the Governmental Military Industrial Commission.”

The Defense Ministry has placed orders with the Russian Helicopters Holding, the Almaz-Antei Concern, the Moscow Thermal Technology Institute and manufacturers of conventional armaments. Negotiations are complete with the United Aircraft Corporation, he said.

State defense orders 2011 total 581.5 billion rubles, Sukhorukov said. “Bearing in mind the massive deliveries, we wanted to agree on transparent prices before signing any contracts,” he remarked.

 

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