According to one story in the Russian press today, the Russian space industry, run by Roscosmos, is expected to experience more budget cuts due to a shortage of funds.
The Russian federal space program might face cuts as the Roscosmos state corporation is likely to suffer funding shortages amounting to 150 billion rubles (almost $2.4 billion) in the next three years, a source in the industry told Sputnik.
“The shortages of budgetary funds planned for allocation to Roscosmos from the previous parameters for the next three years is about 150 billion rubles … the lack of funds has already become a reason of delays in the development of interplanetary projects, slowing down construction of the second stage of the Vostochny Cosmodrome and the development of new rocket and space equipment,” the source said.
The shortfall almost certainly comes from a lack of international launch customers, most of whom have shifted their business to SpaceX because of the quality control concerns in the Russian aerospace industry. Whether Russia can regain any of this business in the coming years will depend wholly on whether they can demonstrate some reliability in their launch cadence, something they have failed to do for the past five years.
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