General Dynamics European Land Systems
a

Defence & Security News - Russia

 
 
Thursday, December 12, 2013 11:35 AM
 
Russia to increase defense spending by nearly two-thirds to $97 billion by 2016.
President Vladimir Putin and Defense Minister Sergei Shoigu laid out Russia’s arms procurement roadmap for 2014 on Tuesday, December 10, 2013, including new strategic missiles, tanks and aircraft. “In 2014 more than 40 of the newest intercontinental ballistic missiles, 210 aircraft, and more than 250 armored vehicles will enter into the armed forces,” President Putin said at a meeting of the country’s top military leadership.
     
President Vladimir Putin and Defense Minister Sergei Shoigu laid out Russia’s arms procurement roadmap for 2014 on Tuesday, December 10, 2013, including new strategic missiles, tanks and aircraft. “In 2014 more than 40 of the newest intercontinental ballistic missiles, 210 aircraft, and more than 250 armored vehicles will enter into the armed forces,” President Putin said at a meeting of the country’s top military leadership.
Russian President Vladimir Putin (R) and Russian Defense Minister Sergei Shoigu (L) during a meeting at the Defense Ministry in Moscow, Russia.

     

Russia will see the continued deployment of the Yars ICBM to the Strategic Missile Forces and the Iskander tactical ballistic missile to the ground forces next year, Shoigu said. Two new ballistic missile submarines will also become fully operational next year, he added.

President Putin outlined a roadmap last year to increase defense spending by nearly two-thirds to $97 billion by 2016. Putin said the funding was vital to modernize the military’s hardware, while calling for the armed forces’ operating costs to be kept to less than 30 percent of the defense budget.

A total of $650 billion is to be spent on military hardware in the period to 2020.

Russia is in the midst of a major reform of the military including re-equipment and a transition to a largely professional force, but has been struggling with a shortage of recruits as a result of draft dodging and a declining pool of eligible conscripts.

 
 
< Prev   Next >
SEO by Artio
 
--------------------------- FLASH NEWS ---------------------------
French president François Hollande has approved the sale of defence and security equipment to Lebanon under a USD3 billion contract grant from Saudi Arabia to help it fight jihadis encroaching into Lebanon from Syria. The French military equipment for Lebanon includes, VBC-90 armoured vehicles, Caesar 155mm howitzers, Mistral missile systems, AS 532 Cougar helicopters and and Combattante FS56 fast attack long range craft. French president François Hollande has approved the sale of defence and security equipment to Lebanon. The French military equipment for Lebanon includes, VBC-90 armoured vehicle, Caesar 155mm howitzer, Mistral missile systems ...
 
IDEX 2015 Official Online Show daily news Army Recognition coverage report International Defence Exhibition Abu Dhabi United Arab Emirates army military defense industry technology
Army Recognition is proud to announce the launch of its new Website http://www.DefenseWebTV.com. For the first time on the Internet, Army Recognition will provide a Defense & Security channel with video dedicated for the Defense and Security Industry.
CMI Defence Weapons System Turret Company Belgium
Tenders Defence Security  global International world worldwide tender public government ministry official agency bids news RFPs RFQs RFP RFQ procurement notices information request bids business opportunities online

FNSS defense company industry armoured amphibious vehicle turret manufacturer supplier Turkey Turkish military combat army military technology


Subscribe NewsLetter