KBhimmash named after A.M. Isaeva entered integrated structure of rocket propulsion

Between the State Corporation “Roscosmos” and the Scientific and Production Association “Energomash” named after academician V.P. Glushko (part of the State Corporation “Roscosmos”) signed a trust management agreement for 100% of shares in KBhimmash named after A.M. Isaev (previously also KBHM named after A.M. Isaev – a branch of the State Research and Production Space Center named after M.V. Khrunichev), owned by the State Corporation “Roscosmos”. NPO Energomash received the right to form the board of directors of the enterprise, the audit commission, as well as to make other decisions related to the competence of the general meeting of shareholders and the board of directors of KBhimmash named after A.M. Isaeva.

General Director of NPO Energomash Igor Arbuzov: “With the inclusion of KBhimmash named after A.M. Isaev in the perimeter of the integrated structure, the next stage of creating an engine-building holding has been completed. In the future, it is planned to form more effective cooperation between enterprises, reduce the cost of creating new production capacities, balanced load distribution both in production and in design bureaus. We have to change the approaches to the creation of rocket engines, this process is not fast, but it should become a new ideology in the design of engines. “

Transition of KBhimmash named after A.M. Isaev in the integrated structure of rocket engine building took place in several stages. At the first stage, in November 2019, a joint-stock company of the same name was established, 100% of the shares of which belonged to the State Scientific and Practical Center named after M.V. Khrunichev. In the second half of 2020, in payment for additional shares of KBhimmash named after A.M. Isaev, the entire property complex of the eponymous branch of the M.V. Khrunichev for a total amount of about 5 billion rubles, and on September 1, 2020, after the transfer of production facilities, measures were taken to transfer personnel from the branch to the Company.

In the future, the shares of KBhimmash named after A.M. Isaev were transferred to the ownership of the Roscosmos State Corporation, and in February 2021 to the trust management of the head enterprise of the NPO Energomash integrated structure. The transfer of shares was carried out in order to implement the program of strategic transformations of the rocket engine-building enterprises and to fulfill the decisions of the Supervisory Board and the Management Board of the State Corporation Roscosmos. Based on these decisions, an integrated structure is being created, the main goal of which is to unite the leading engine-building enterprises of Russia. It includes six enterprises with the head organization NPO Energomash.

/Media reports.