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    RUSSIA'S INVESTMENTS IN THE SPACE INDUSTRY IN THE PAST 12 YEARS AMOUNT TO 4.3 BILLION DOLLARS

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    MOSCOW, February 17, 2004. (RIA Novosti correspondent Alexander Kovalyov) - The state orders to the Russian space industry in the past 12 years (from 1992 to 2003) amounted to about 4.3 billion dollars, director general of the Rosaviacosmos Yury Koptev spoke about it on Tuesday.

    According to him, "this is what the state invested by ordering rocket-space vehicles.

    The implementation of international space projects made it possible to attract another 5.5 billion dollars to the national space industry. This means that "more than 50 percent of the work was done within the framework of international projects," Yury Koptev said. According to him, "foreign orders "made it possible for the Russian space industry to survive." The director general of the Russian Aviation and Space Agency cited the example of the Energomash research and industrial association outside Moscow which produces RD-180 engines which are used in the American Atlas rockets.

    "This firm, having practically no state orders, has managed not only to preserve it but to make it one of the most authoritative in the sphere of the production of liquid-propellant rocket engines," underscored Yury Koptev.

    These facts make it possible to hope that the Russian rocket-space industry has come out of the period of decay at the beginning of the 1990s, believes the head of the Russian Aviation and Space Agency.

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