United Shipbuilding Get Order for 5 Russian Nuclear Subs

Ria Novosti
Tuesday, May 29, 2012

Russia’s Defense Ministry has contracted United Shipbuilding Corporation (USC) to deliver five new Borey class (Project 955) strategic nuclear submarines

On May 25, it was reported by Ria Novosti that the ministry and the USC failed again to agree final contract terms for Borey delivery, despite the intervention of President Vladimir Putin, but in a swift turnaround USC spokesman Alexei Kravchenko has told Ria Novosti he had information that the contract for the five submarines had been signed.

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

Shipbuilding

World’s Largest Boxship is DNV GL classed

CSCL Globe, the world’s largest containership and the first of a series of five 19,100 TEU containerships ordered by China Shipping Container Lines (CSCL) in 2013,

ESSA's Fleet Upgradation Environmental Driven

State-controlled Exportadora de Sal SA de CV of Mexico ("ESSA"), one of the world’s largest salt exporters with a 10-million-ton annual production, has strengthened

Kleven Wins New Yacht Contract

Norwegian ship builder Kleven has secured a new contract for a high specification, 116-metre long Expedition Support Vessel. The order is placed by Mr Graeme Hart,

Navy

NATO Unconcerned by Russian Warships in English Channel

A squadron of Russian warships entered the English Channel on Friday but a NATO official dismissed a Russian media report that they were there to conduct military exercises.

Japan Military Wants China "Crisis Management" Pact

Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands.

NAVCENT Commander Recognizes Journey of Hope Sailors

Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship,

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1528 sec (7 req/sec)