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Angara Signing Statement

 

MOSCOW, July 28, 1999 - Lockheed Martin Corporation and Khrunichev State Research and Production Space Center have signed an agreement to assign worldwide, exclusive marketing and sales rights for Khrunichev's new Angara family of launch vehicles to International Launch Services (ILS).

Under the terms of the agreement, ILS will market and sell launch services on Angara to commercial launch customers through its contracting entity, Lockheed Khrunichev Energia International (LKEI), which already handles launch service contracts for the Russian Proton.

"This agreement represents a further strengthening and extension of our joint business endeavors with our Russian partners," said Thomas C. Corcoran, President and COO of Lockheed Martin Space and Strategic Missiles, adding, "it also contributes another significant launch product to our stable of launch vehicle offerings."

The Angara family is based on an oxygen-kerosene fueled core booster that can be configured in various combinations to launch light-, medium- and heavy-class payloads. The vehicle, which will be built at the Khrunichev production facilities near Moscow, will launch from Plesetsk Launch Base starting in 2001.

ILS is a joint venture stock company established in 1995 to market the Khrunichev-built Proton and the Lockheed Martin Astronautics-built Atlas to the worldwide satellite launch market. ILS is owned by Lockheed Martin Commercial Launch Services and the Lockheed Khrunichev Energia International joint venture. ILS is headquartered in San Diego, Calif., USA.

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