Russian Navy will own ten Buyan-M class missile corvettes armed with Kalibr cruise missiles by the end of 2019.
The Navy previously mentioned that it planned to receive six such warships.
"By the end of 2019, the entire series of these ships will be built, which is about 10,"Navy Deputy Commander Rear Adm. Viktor Bursuk said on Rossiya-24 television channel.
Buyan-M is a 950-ton displacement ship that is 74 meters (243 feet) long with a top speed of 45 kph (28 mph). Among other armament elements, the vessel has eight vertical launch tubes holding 3K14 Kalibr or older missiles models.
Russia is currently conducting a $325-billion rearmament program to modernize 70-percent of its military by 2020.
The Russian Navy commissions its latest corvette at the Amur Shipbuilding Plant, outfitted with electronic warfare systems developed by KRET enterprises. The corvette will join the Pacific Fleet's naval forces and is equipped with guided missiles
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Russian Naval Forces have planned to upgrade ten nuclear submarines with the latest armament and ship systems. “The modernization is planned for about ten nuclear submarines of project 971 and 949 at the factory of ‘Zvezdochka in Severodvinsk and the factory ‘Zvezdochka in the Primorskiy Krai region,” the Navy Commander Viktor Chirkov was quoted as saying by RIA Novosti on Sunday
Two multi-purpose submarines and seven warships will be entering service of the Russian Navy in 2016. "Two multipurpose submarines and seven warships will join the Navy,” Defense Minister Sergey Shoigu was quoted as saying by Tass news agency on Friday
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Russia has planned to replace the flagship cruiser of the Navy's Northern Fleet, Pyotr Velikiy, with nuclear guided-missile cruiser Admiral Nakhimov by 2020. "The Admiral Nakhimov is scheduled for maintenance," Navy Deputy Commander Rear Adm
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