Boeing Invests Nearly $1 bln in 8 Years of Russia Cooperation

Boeing Invests Nearly $1 bln in 8 Years of Russia Cooperation

U.S. aviation company Boeing has invested about $1 billion over the past eight
years of its cooperation program with Russia, Sergei Kravchenko, Boeing vice
president responsible for Russian affairs, told journalists.

Boeing is cooperating with the Russian aerospace industry as part of the
International Space Station project, the Sea Launch project, in carrying out
supplies of titanium, a project to set up a Boeing technical center in Russia
and many others, Kravchenko said.

Boeing and the Russian Aerospace Agency signed a strategic partnership agreement
on Friday. According to this agreement, the sides will consider the possibility
of jointly participating in projects and producing new models of regional
planes, in the Land Launch project - involving satellite launches into low orbit
using Zenith rockets from the Baikonur space center.

/Interfax/

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