Dispute with Boeing over Sea Launch to be settled before end of year - Energia Corporation
The dispute with the Boeing company over the Sea Launch project will be settled before the end of 2016, Energia Rocket and Space Corporation head Vladimir Solntsev told reporters on Friday.
"I think that before the end of the year we should finalize and sign the final document to settle all of the issues, and I think that the issue will be closed at that," he said.
A compromise-based solution to this problem has already been found, but this information will remain confidential until the issue is finally resolved, and it is still too early to speak about the details, he said.
"It is indirectly linked with the further implementation and development of the Sea Launch project, but it is not an insurmountable obstacle, although Boeing's position carries a lot of weight in the U.S., and a peaceful path is the most acceptable," Solntsev said.
The Sea Launch company was set up to implement a project of the same name in 1995. Its founders included Boeing, Energia, the Norwegian engineering company Kvaerner (now Aker Solutions), and Ukraine's Yuzhnoye (Pivdenne) design bureau and Yuzhmash (Pivdenmash) production association. Sea Launch announced its bankruptcy in the summer of 2009. After reorganization, Energia assumed the leading role in the project.