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Russian Defense Production To Increase 15% in 2013

Oct. 7, 2013 - 02:48PM   |  
By JAROSLAW ADAMOWSKI   |   Comments
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WARSAW — Production by Russia’s defense industry is expected to show a 15 percent increase this year over 2012, according to Deputy Prime Minister Dmitry Rogozin.

Rogozin, who also is responsible for defense issues, said the projected growth is primarily due to orders placed by the country’s Defense Ministry and law enforcement agencies, local news agency RIA Novosti reported.

Russia’s demand for armaments and military equipment will be at its peak in 2015 and 2016, Rogozin said.

The government has undertaken a major effort to overhaul and modernize the armed forces. The program, which began in 2011 and will extend through 2020, is expected to be worth some 20 trillion rubles (US $621 billion). Under the plan, the Defense Ministry is to acquire new aircraft, helicopters, ships tanks, missile systems and other weapons.

The government wants to replace 30 percent of its outdated weapons and military equipment by 2015, and at least 70 percent by 2020, according to the ministry.

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