SMK and NPO Saturn sign long-term agreement on delivery

“Signing this deal with Saturn takes us up to a fundamentally different level of strategic partnership with UEC,” said SMK general director Vladimir Chertovikov. “This long-term contract guarantees fixed conditions for delivery and payment, that will guarantee fulfilment of the necessary production volumes precisely on schedule and at reasonable prices, and will guarantee for us a workload that will allow us to properly plan our production, sign long-term contracts with suppliers, and stabilize our production chain from raw materials to the finished product.”

Saturn managing director Ilya Fedorov said, “SMK is one of Saturn’s long-standing, reliable partners, but this long-term contract that we’ve signed for the first time will take this partnership to a new, higher level. This three-year union will guarantee timely delivery of orders and therefore the delivery of engines to our clients.”