Russia reveals detailed data on defense spending until 2013
Russia has for the first time in many years published detailed account of its defense spending until 2013.
The country’s defense spending will amount to 487 billion rubles (11.5 billion EUR) in 2010 and increase gradually to 1.16 trillion rubles (27.5 billion EUR) in 2013, RIA Novosti reports, citing Vedomosti.
The share of spending on research and development will drop from 22 percent in 2010 to 16 percent in 2013, said Head of the State Duma Defense Committee Viktor Zavarzin on Tuesday.
The spending will focus on procurement of RS-24 intercontinental ballistic missiles and Bulava submarine-launched ballistic missiles, Su-34 Fullback fighter bombers, Su-35 Flanker fighter jets, submarines, corvettes and frigates for the Black Sea Fleet and battlefield command-and-control system for the ground forces.
