International Launch Services (ILS) says it will cut 25% of its workforce and reduce its targeted number of commercial Proton M/Briz M launches from seven or eight annually to just three or four, the company said Aug. 4. Based in Reston, Virginia, ILS markets commercial missions of Russia’s heavy-lift Proton. The company is majority owned by Moscow-based Khrunichev State Research and Production Space Center and employs fewer than 65 people. In an Aug. 4 statement, ILS President Phil ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "ILS Cuts Staff 25%, Halves Commercial Proton Targets".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.