Energomash contract portfolio for rocket engines estimated at 45 bln rubles until 2021 - Roscosmos

MOSCOW. May 15 (Interfax) - The contract portfolio of Russia's leading manufacturer of liquid rocket engines, NPO Energomash, is 45 billion rubles for 2019-2021, the state corporation Roscosmos said on Wednesday.

"The total contract portfolio for the next three years (2019-2021) will be over 45 billion rubles," the state corporation said in a report.

Energomash's total earnings in 2018 reached 20 billion rubles, which is a 12% increase from 2017.

"In 2019, NPO Energomash will continue investment programs worth over six billion rubles, and it will also continue implementing a program to reduce costs and increase efficiency," the state corporation said.