Chemezov: The development of equipment for S-500 is to be launched in 2018

Got a news tip for our reporters? | Found a typo? Please let us know! | Subscribe to newsletter.

The development of the transport machine, the loading vehicle, the loading and unloading equipment for the air defence missile system S-500 is to be launched in 2018, said CEO of Rostec Corporation Sergey Chemezov.

The technical and scientific groundwork laid by NPP Start named after A.I. Yasin has given Technodinamika a great head start in implementing this project. The enterprise is highly competent and experienced in the development of transport machines, loading and transport-loading machines for various air defence missile systems and S-500 will be no exception, noted Sergey Chemezov.

The S-500 is intended to replace the S-300 missile in Russia’s multilayered air-defense system and complement the S-400, which would handle more routine antiaircraft duties and intercepting short- and medium-range ballistic missiles.

The S-500 developed by Almaz-Antey is expected to be the world’s most powerful weapon of its kind. Its specifications are classified, but the S-500 is estimated to have a range of 600km, to be capable of tracking and engaging 10 ballistic targets simultaneously, and possibly shot down satellites in low-Earth orbit.

Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry, as well as 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Kalashnikov Concern, Russian Helicopters, VSMPO AVISMA, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to more than 70 countries. In 2016, the consolidated revenue of Rostec reached 1.266 trillion rubles, while the consolidated net income and EBITDA amounted to 88 billion and 268 billion rubles respectively. In 2016, the average salary in the Corporation was 44,000 rubles. According to Rostec’s strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and the digitalization of the Russian economy.


Input your search keywords and press Enter.