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Thursday, September 20, 2012

Russian 'Super-Holding' to Build Hypersonic Missile

Brahmos II (hypersonic cruise missile) |Russia will set up an aerospace "super-holding" company consisting of missile makers NPO Mashinostroyenie and Tactical Missiles Corporation to develop hypersonic weapon technology, Deputy Prime Minister Dmitry Rogozin said on Wednesday.

"Initially, we are talking about a big 'super-holding' based on Tactical Missiles Corporation and NPO Mashinostroyenie," said Rogozin, who oversees Russia's military-industrial complex.

Discussions on the creation of such a super-holding have been underway at least six months, Rogozin said.

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