New Russian nuclear sub too costly for mass production: report

09:11, June 17, 2010      

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Russia's latest nuclear-powered multipurpose attack submarine is too expensive for serial production and thus will probably be replaced with a less costly analogue, a Russian daily reported on Wednesday.

The first Project 886 Yasen (Graney) class submarine, launched Tuesday in the northern city of Severodvinsk by Russian President Dmitry Medvedev, was initially scheduled to float out on May 7 celebrating the 65th anniversary of Victory Day if not for financial setbacks and technical glitches, said business daily Vedomosti.

Although the price of the strategic project was kept secret, Vedomosti estimated the cost at around one billion U.S. dollars.

Editor-in-chief of Moscow Defense Brief magazine, Mikhail Barabanov, citing comparable Sea Wolf submarines of the U.S. navy, told the paper that the Severodvinsk submarine's cost was too high for feasible serial production.


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