Thursday, October 14, 2010

DTN News: Russia Reveals Detailed Data On Defense Spending Until 2013

Defense News: DTN News: Russia Reveals Detailed Data On Defense Spending Until 2013
Source: DTN News / Ria Novosti
(NSI News Source Info) MOSCOW, Russia - October 15, 2010: Russia has made public for the first time in many years a detailed account of its defense spending until 2013, the Vedomosti daily said on Tuesday.

State Duma Defense Committee head Viktor Zavarzin said last week that the country's defense spending, including R&D, would total 487 billion rubles ($16.3 bln) in 2010, 574 bln ($19.2 bln) in 2011, 726 bln ($24.3 bln) in 2012, and 1.16 trillion ($38.8 bln) in 2013.

The share of spending on R&D will drop from 22 percent in 2010 to 16 percent in 2013, the lawmaker said.

The spending will focus on procurement of RS-24intercontinental ballistic missiles and Bulavasubmarine-launched ballistic missiles, Su-34 Fullback fighter-bombers,Su-35 Flanker-E long-range fighter jets, submarines, corvettes and frigates for the Black Sea Fleet, and battlefield command-and-control systems for the Ground Forces.

The share of spending on modernization of existing weaponry will be spread almost evenly throughout the four-year period - 13 percent in 2010, 15 percent in 2011-2012, and 14 percent in 2013.

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