Russian Shipbuilders Fail to Agree Nuclear Sub Program Price

Rianovosti
Sunday, May 27, 2012

Defense Ministry, shipbuilders fail to agree price of 10 new 'Borey-class' nuclear submarines despite the intervention of President Putin

Russia’s Defense Ministry and the United Shipbuilding Corporation failed again to agree final contract terms for delivery of the new Borey class (Project 955) strategic nuclear submarine, despite the intervention of President Vladimir Putin who wants the submarines ot form the core of Russia's strategic ballistic missile force by 2018.

Defense Minister Anatoly Serdyukov said his ministry and the submarine manufacturer would return to talks in the future to agree a final price for the Borey boats by 2015.

“We agreed that we will return to price talks in 2015," he said. "Should the industry be able to demonstrate it has incurred any substantial costs, we may accept them, that is, recalculate them,” Serdyukov told journalists after the meeting with Putin. He did not state a price.

The Russian Navy is to receive at least 10 new Borey class strategic nuclear submarines by 2020. The submarines, to be armed with Bulava ballistic missiles , are expected to constitute the core of Russia's strategic ballistic missile submarine force after 2018.

Then-prime minister Putin said last year that the procurement of new warships and submarines for the Navy would be a priority over the next decade. The Russian government has allocated five trillion rubles ($156 bln) or a quarter of the entire armament procurement budget until 2020 for this purpose.

The signing of a contract for delivery of the Borey submarines has been repeatedly postponed due to the pricing dispute between the Defense Ministry and defense industry enterprises.



 

 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Steel Cut on First of Three ISVs for KT Maritime

A steel cutting ceremony held last week at the Singapore shipyard of partner company, ASL Shipyard Pte Ltd. marked the start of construction for the first of three

Two More Damen Twin Axe Catamarans for SeaZip

Damen Shipyards and SeaZip Offshore Service signed another contract for two Damen Fast Crew Suppliers (FCS) 2610 at Wind Energy in Hamburg. The two new vessels,

Star Bulk Takes Delivery of M/V Leviathan

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargos, has announced that on September 19, 2014 it has taken delivery of M/V Leviathan,

Navy

MSC Award Two Time-Charter Contract Modifications

The US Department of Defense informs that Offshore Service Vessels, Inc., and Sealift, Inc., have each been awarded time charter option extensions by the US Navy's

Swiftships Shipbuilding Awarded Iraqi Navy Support Contract

The US Department of Defense informs that Swiftships Shipbuilding, L.L.C., Morgan City, Louisiana, is being awarded an $18,000,000 not-to-exceed contract for the

Australia, New Zealand Navies Intercepts Drugs off Africa

A combined Australian and New Zealand operation 260 km off the coast of Africa has seized more than 5.6 metric tons of cannabis resin worth an estimated $280 million (AUD).

Maritime Security

Boeing, Liquid Robotics Enter Maritime Surveillance Partnership

Boeing and Liquid Robotics signed a global, multiyear teaming agreement for collaboration on product development, maritime services and operational deployments.

Aberdeen Harbour Installs Siklu Security Network

Aberdeen Harbour has extended its security solutions coverage using high-capacity backhaul from Siklu, the market leader in millimeter wave backhaul informs the Israel-based tech firm.

U.S. to Join Anti-Piracy Organization: USCG Admiral on Council

The USCG informs that the U.S. is due to become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP),

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1292 sec (8 req/sec)