Russian defense industry is able to produce and manufacture its own military products 0108141

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Defence & Security News - Russia
 
 
Friday, August 1, 2014 10:41 AM
 
Russian defense industry is able to produce and manufacture its own military products.
Faced with impending EU sanctions on Russia's defense industry, President Vladimir Putin on Monday, July 28, 2014, urged the Defense Ministry to redouble its efforts to wean the defense sector off foreign suppliers, Interfax reported. Russia’s military-industrial complex should produce all components and materials domestically to alleviate contract and political risks, said the Russian president, Vladimir Putin.
     
Faced with impending EU sanctions on Russia's defense industry, President Vladimir Putin on Monday, July 28, 2014, urged the Defense Ministry to redouble its efforts to wean the defense sector off foreign suppliers, Interfax reported. Russia’s military-industrial complex should produce all components and materials domestically to alleviate contract and political risks, said the Russian president, Vladimir Putin.
Russian factory of BTR-82A 8x8 armoured vehicle personnel carrier (Photo copyright Vitaly Kuzmin)
     
The European Union on Friday reached an initial deal to impose economic sanctions on Russia over its alleged involvement in the Ukrainian conflict, one of the key measures being an embargo on arms sales to Moscow.

The Russian military industry should phase-out imports rapidly and began full-cycle production of all necessary components and materials, stated President Vladimir Putin at a meeting dedicated to domestic military production on Monday.

Russian firms currently make their own versions of just 58 of the 206 types of defense products that the country imports, but state development programs should add another 40 to their repertoire by 2020, said Alexander Shilov, deputy head of the Federal Space Agency, or Roscosmos.

Russian defense ministry officials said the situation would have no effect on Russia’s ambitious 20 trillion ruble ($640 billion) rearmament program through 2020. The program is to see the share of modern weaponry in Russia’s armed forces reach 30 percent by 2015 and 70 percent by 2020.