Russia’s United Shipbuilding Corporation (USC or OSK) is reportedly experiencing a shortage of funding for Borey-class SSBN Knyaz Oleg. OSK President Aleksey Rakhmanov told RIA Novosti on November 16, “Everything depends on issues of the shortage of financing which has somehow formed for us. We hope that [the launch of Knyaz Oleg] will be on schedule.”
Rakhmanov reportedly told the official news agency that the schedule for launching Knyaz Oleg has been pushed back several times.
Knyaz Oleg is the fifth Borey SSBN overall, and the second Borey-A boat. Like the first three Borey ballistic missile submarines, the Borey-A is expected to carry 16 Bulava SLBMs.
First-of-class Yuriy Dolgorukiy is assigned to the Northern Fleet. Aleksandr Nevskiy and Vladimir Monomakh are part of the Pacific Fleet.
Like Knyaz Oleg, unit four — Knyaz Vladimir — the first Borey-A is also destined to reinforce the Russian Pacific Fleet’s strategic nuclear force.
Rakhmanov’s public cry for more money is somewhat unusual and harks back to 2011 when OSK railed at the MOD for adequate financing to produce modern nuclear submarines.
Russia planned to have eight Borey boats in its order-of-battle by 2020. But with Sevmash taking six, seven, or eight years to lay down, launch, and commission them, Knyaz Oleg might be the last to reach the navy this decade. And Rakhmanov pretty clearly linked money to sticking to his SSBN production schedule.