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Expert: the transfer of NPO Molniya to KTRV will strengthen its position in the space technology market

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Image source: © Николай Новичков/ТАСС

The transfer of "Lightning" to KTRV continues the trend of creating vertical profile holdings in the Russian military-industrial complex, said Ivan Konovalov, Development Director of the Fund for Assistance to Technologies of the XXI Century

MOSCOW, July 27. /TASS/. The transfer of the Molniya Research and Production Association (NPO) from the Kalashnikov Group of Companies (part of Rostec) to the Tactical Missile Armament Corporation (KTRV) will significantly strengthen the company's position in the space technology market. This opinion was expressed in an interview with TASS by a military expert, director for development of the Fund for Assistance to Technologies of the XXI Century Ivan Konovalov.

"The transfer of Molniya to KTRV, which is also engaged in rocket technology, will significantly strengthen the company's position in the market. KTRV has a developed space cluster, which will facilitate the integration of NGOs into the structure of the corporation, " Konovalov said.

According to him, the transfer of "Lightning" to KTRV continues the trend of creating vertical profile holdings in the Russian military-industrial complex. "It was this policy that at one time allowed us to preserve the competencies of the defense industry and increase them," the expert added.

As Konovalov noted, the stable financial position of KTRV in the world arms market will also contribute to the development of"Lightning". "KTRV is the world's largest specialized consolidated manufacturer of missile weapons, which occupies a high place in the ranking of the 100 largest defense enterprises in the world according to Defense News. This will allow the corporation to support the "Lightning" and integrate it into the production cooperation, " Konovalov said.

The policy of the Kalashnikov Group aimed at the development of the "Lightning" has borne fruit, the expert believes. "As a result, it turned out to get away from the bankruptcy of the NGO. Moreover, the company has significantly increased its revenue, " Konovalov summed up.

Earlier, the Kalashnikov press service reported on the transfer of the NGO Molniya to the KTRV. NPO Molniya is the developer of the Soviet orbital reusable spacecraft Buran, as well as one of the largest Russian manufacturers of target rockets.

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