Rusia plans to provide 70 percent modern weaponry ti its armed forces. Some of them will surpass their foreign equivalents by decades, President Vladimir Putin has said.
The amount of modern weapons in the Russian Armed Forces is close to 60 per cent as of now, Putin said at an assembly of graduates of military universities in the Kremlin on Thursday.
According to its state armament program for 2018-2027, Moscow plans to spend about $318 billion to upgrade the military equipment.
“Modern military hardware in the Russian Armed Forces did not exceed 16 per cent just six years ago,” Putin was quoted.
A number of domestic weapon systems will exceed their foreign equivalents for years, perhaps decades, he added.
As part of an ongoing evaluation of Russian procurement priorities over the next decade, President Vladimir Putin has officially postponed the development of a new aircraft carrier and a new class of nuclear-powered destroyers for the Russian Navy.
The decision to postpone these two flagship projects for the Russian Navy were reported by Russian daily Kommersant in mid-May, following a meeting between Putin and military leaders dedicated to drafting a rearmament agenda through 2025.
The program will be a follow-on to a 19 trillion ruble (U.S. $337 billion) effort began in 2011, which ends in 2020. Despite the naval deferral, Russian rearmament will continue to focus heavily on strengthening its nuclear triad until at least 2025.
About half of the 2020 program was devoted to the Air Force and Navy. The division of the 2025 program remains unclear, although its priorities are straightforward.
“The 2025 program is a black box right now,” says Pavel Luzin, a Russian defense industry analyst at Perm State University. “It has a lot of overlap with the 2020 program, which suggests it is aimed only to hide the failures of the current program. That isn’t to say the 2020 program failed, just that it has strayed far from its original financing and procurement goals.”>