Energia: ISS funding problem "catastrophic"
Posted: Mon, Oct 20, 2003, 8:08 PM ET (0008 GMT)
The head of the Russian company that builds the Soyuz and Progress spacecraft used for the International Space Station said Monday that a lack of Russian government funding has created a "catastrophic" situation. Yuri Semonov, head of RSC Energia, said that the Russian government has failed to provide money promised for the second half of 2003 earmarked for the assembly of Soyuz and Progress spacecraft, forcing the company to take out loans.. As a result, Energia has stopped work on spacecraft that had been under assembly at the company's facilities. "The financial situation is catastrophic," Semonov was quoted as saying. He also criticized the US and Europe for not providing funding to build additional spacecraft required while the space shuttle remains unavailable. An official with the Russian space agency Rosaviakosmos said that the Russian government would provide Energia with the required funds "shortly", according to the AP.
The head of the Russian company that builds the Soyuz and Progress spacecraft used for the International Space Station said Monday that a lack of Russian government funding has created a "catastrophic" situation. Yuri Semonov, head of RSC Energia, said that the Russian government has failed to provide money promised for the second half of 2003 earmarked for the assembly of Soyuz and Progress spacecraft, forcing the company to take out loans.. As a result, Energia has stopped work on spacecraft that had been under assembly at the company's facilities. "The financial situation is catastrophic," Semonov was quoted as saying. He also criticized the US and Europe for not providing funding to build additional spacecraft required while the space shuttle remains unavailable. An official with the Russian space agency Rosaviakosmos said that the Russian government would provide Energia with the required funds "shortly", according to the AP.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
House appropriators seeking alternatives to SLS EUS upper stage
Posted: Sun, Jul 27 12:52 PM ET (1652 GMT) |
|
news links
|
|
Saturday, August 2
Thousands of space, defense leaders converging on Huntsville for symposium at VBC
Huntsville Times — 9:11 am ET (1311 GMT) Senate confims new top Navy leader, vice chief for Space Force
Military Times — 9:10 am ET (1310 GMT) Space Force Aims to Share Classified Threat Info with Industry
Air and Space Forces Magazine — 9:10 am ET (1310 GMT) Senate confirms trio of nominees for Navy, Space Force, SOCOM
Breaking Defense — 9:10 am ET (1310 GMT) Senate Confirms New U.S. Navy Chief, Space Force Vice Chief
Aviation Week — 9:08 am ET (1308 GMT) |
