The Federal Space Agency, or Roscosmos, estimates that Russia will need to spend about 33 billion rubles ($940 million) through 2018 to offset the losses from cutting military ties with Ukraine, Kommersant reported on July 22, citing a letter between Roscosmos officials.
Russia's War Against Ukraine
The Moscow Times: Cut ties with Ukraine cost Russian defense industry $940 million
Russia's Navy officers, officials and workers attend a ceremony of launching the Rostov-on-Don Russian diesel-electric torpedo submarine at the Admiralteiskiye verfy shipyard in St. Petersburg, on June 26, 2014.
