-Caveat Lector-
U.S. Lockheed Martin in Russian Angara rocket deal
MOSCOW, July 28 (Reuters) - Russia's Khrunichev space centre and U.S.
Lockheed Martin Corp on Wednesday signed an agreement on joint marketing and
exploitation of Russian Angara rockets, Itar-Tass news agency reported.
Angaras are a new class of booster rocket designed by Khrunichev to replace
older models such as the Proton, the workhorse of the Russian space programme
which is used for launching everything from satellites to people into space.
The agreement, signed by Khrunichev Director Anatoly Kiselyov and the
president of Lockheed's Space and Strategic Missiles Sector, Thomas Corcoran,
calls for the U.S. company to provide $68 million to market the new rocket.
The two will also cooperate on upgrading the Plesetsk cosmodrome in northwest
Russia.
Lockheed and Khrunichev say the rockets have the potential to capture up to
50 percent of the market for commercial launches.
One advantage claimed for Angaras is that they burn liquid fuel made of a
mixture of kerosene and liquid oxygen, which Khrunichev says make them
environmentally friendly.
Proton rockets are generally considered to be reliable, but are powered by a
highly toxic ``giptil'' fuel component that sparked health concerns after one
crashed in Kazakhstan two weeks ago.
San Diego-based International Launch Services, a partnership of Lockheed
Martin, Khrunichev and RSC Energia, markets the powerful Proton boosters to
Western companies.
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