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The engines will be made by the Samara-based enterprise Kuznetsov, a subsidiary of the United Aircraft Corporation (UAC). Their production was stopped in 1993.
UAC Director-General Vladislav Masalov said more than 8 billion rubles ($228 million) would be needed for the project. “This funding is provided in accordance with the federal program for the defense industry development in 2011-2020,” he said.
A preproduction batch of NK-32 engines will be made in 2016.
The Tu-160 is a supersonic strategic swing-wing bomber designed by the Tupolev Bureau in the 1970s-1980s. It was adopted by the army in 1987.