Russia to Create Rocket Production Holding on Basis of Roscosmos

Russia may create a new rocket production holding on the basis of the Roscosmos state corporation, space industry sources have told Sputnik.

By Nuclear Power Daily Editorial Team · Editorial process

Published May 24, 2018

Russia may create a new rocket production holding on the basis of the Roscosmos state corporation, space industry sources have told Sputnik.

"There are plans to create a holding on the basis of Roscosmos state corporation, which will include a number of other directions related to rocket production, such as Concern VKO Almaz-Antei and Tactical Missiles Corporation," the source said.

Another source told Sputnik that that there were no plans to transfer shares of the Almaz-Antei and Tactical Missiles Corporation companies to Roscosmos, as the state corporation would rather act as a supervisor of these enterprises.

The Roscosmos press service has refused to comment on the issue.

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Nuclear Power Daily Editorial Team

The Nuclear Power Daily Editorial Team produces content across our two editorial pillars: space industry news and Mind & Meaning. We cover launches, missions, satellites, defense, and the technology of getting humans to space, alongside the psychology of ambition, isolation, and meaning under extremes. Articles reflect our team's collective editorial process, source verification, drafting, technical review, and editing, rather than a single writer's work. Nuclear Power Daily takes editorial responsibility for content under this byline. For more on how we work, see our editorial policy.