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Russia’s missile warning system financed in full despite economic woes — defense firm

April 22, 2015, 11:58 UTC+3 MOSCOW
Russia’s missile early warning system comprises both the ground-and space-based elements
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© ITAR-TASS/Igor Zhuravlev

MOSCOW, April 22. /TASS/. Negative trends in the Russian economy have not affected the financing of Russia’s missile early warning system, defense technology firm RTI Deputy Chief Designer Dmitry Stupin said on Wednesday.

"The economic situation in the country has not affected the financing of the task for the development of the missile attack warning system and financing is provided in declared volumes in compliance with the agreements that were signed," Stupin said.

The economic situation in Russia has not affected RTI either, he said.

"Actually all the contracts, which we’re fulfilling, are under control of the state’s top officials and are being financed in compliance with the spending volumes that were declared. In this regard, we have not come across such problems so far. As for future projects, we can predict some problems but generally we are provided with contracts until 2025," the deputy chief designer said.

Russia’s missile early warning system comprises both the ground-and space-based elements.

Russian Missile Early Warning System Chief Designer Sergey Boyev said late last year that no uncontrolled missile-dangerous directions remained in Russia. At the same time, Russia still had to restore its space-based missile early warning echelon as the system’s last satellite Oko-1 designed to detect ballistic missile launches ceased to work in April 2014. 

It was reported that the first new satellite would be launched before the end of 2015.

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