Breaking news
Russian defense industry is able to produce and manufacture its own military products 0108141.
| 2014
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Defence & Security News - Russia |
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| 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. |
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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. |
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