United Shipbuilding Corporation to Rebuild Northern Shipyard as Flagship Project
USC says the near‑total overhaul aims to expand Russia’s naval and Arctic shipbuilding capacity to help meet state defence orders over coming decades.
Overview
- USC CEO Andrei Puchkov announced the corporation will begin work to almost completely rebuild the Northern Shipyard and described the project as the company’s flagship.
- USC has framed the rebuild as a long‑term program with completion projected by 3031, a planning horizon the corporation says reflects multi‑decadal strategic intent.
- The company reported record production in 2025, delivering about 50 vessels and roughly 110 ships and craft across the recent period, including four submarines and the combat icebreaker Ivan Papanin.
- Puchkov made the build announcement during a meeting with President Vladimir Putin and USC leaders have discussed the project at high‑level forums where VTB’s role was also noted, signaling political and financial backing.
- USC says the overhaul will add new production capabilities, support fulfilment of state defence orders, and could reshape regional shipbuilding jobs and supply chains as the industry pursues import substitution and digital upgrades.