Cruise Missile Engine Manufacturing Localized

NPO Saturn and state machine-building design bureau Raduga officially announced on Monday an agreement to manufacture cruise missile engines worth 4 billion rubles ($120 million).

The engines are intended for various ground, sea and air-based missiles, including the Kh-55 cruise missile installed on Tu-95MS aircraft.

"We plan to produce over 1,500 such engines per year," said Ilya Fyodorov, managing director of NPO Saturn.

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