The State of Russia's Space Industry

Russian space industry laden with failures, ITAR-TASS

"For the last few years the space industry has not been reformed yet. The corruption is reigning in it. The prices are growing, but the quality is falling. There is no tough control over the quality of component parts, which are delivered by the subcontractors, which had mushroomed around the enterprises of the space industry. The transparency of pricing lacks that resulted in multibillion budgetary injections to be wasted," head of the international security centre in the Russian Academy of Sciences Alexei Arbatov stated."

Medvedev says space failures cost Russia prestige and cash, Reuters

"Moscow is losing prestige and money due to botched space projects, Prime Minister Dmitry Medvedev said on Thursday after Russia junked two satellites in the latest launch failure to dog the once-pioneering industry."

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This page contains a single entry by Keith Cowing published on August 9, 2012 11:31 AM.

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