18:25 GMT06 July 2020
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    MOSCOW (Sputnik) - The production cost of each of Russia's new Angara-A5 heavy-lift rockets, manufactured for the Defence Ministry under a contract on test flights, is below 5 billion rubles ($71.6 million), the State Space Corporation Roscosmos said on Monday.

    "The contract for several rockets of this type was signed, as part of the research and development work, at a price below 5 billion rubles for one rocket. This is significantly lower than the starting price that some media outlets refer to," a Roscosmos representative said.

    Earlier in the day, financial reports of the Khrunichev State Research and Production Space Center revealed that the cost stands at 7 billion rubles and will be reduced to 4 billion rubles when the production is transferred to Omsk.

    The high cost of the Angara-A5 rocket is explained by the fact that the assembly is performed in two cities, Moscow and Omsk, and is also due to the one-off production, the representative of the space corporation added.

    Tags:
    Russian Federal Space Agency Roscosmos, Flights, Russia, Angara A5
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