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Energia close to settlement agreement with Boeing over Sea Launch lawsuit

Sea Launch's Odyssey platform with launch vehicle. Credit: Sea Launch

Energia is close to finalizing a settlement agreement with Boeing regarding a lawsuit over Sea Launch.

The company’s chief executive, Vladimir Solntsev, said that a final agreement to settle a suit should be signed soon.

Boeing won a U.S. court judgement of more than $300 million against Energia regarding debts in the Sea Launch joint venture.

Solntsev did not disclose the details of the agreement, but Boeing officials said in January they obtained rights to several Soyuz seats from Energia as part of the deal. [Sputnik]


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Energia close to settlement agreement with Boeing over Sea Launch lawsuit

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