Russian State Arms Program Bill Worth $321 Billion for 2018-25 Almost Ready

  • Our Bureau
  • 09:44 AM, November 23, 2017
  • 1796
Russian State Arms Program Bill Worth $321 Billion for 2018-25 Almost Ready
Armata T-14 tank (Image for representation)
Russias state arms program bill for 2018-2025 comes to 19 trillion rubles ($321.2 billion) is almost ready. "The new state arms program is being finalized and is almost ready. The financing parameters have long been the subject of a heated debate. Now the set amount is 19 trillion rubles. This program is financially in line with the previous one in annual average terms, but not in absolute terms," press service of head of Russias Federation Council (upper house) Defense and Security Committee Viktor Bondarev was quoted as saying by Tass Tuesday. According to head of the committee, the expense arrangements in the new program are aimed at "bringing certain points into balance, making up for the delay of previous years," and "creating an economic basis for successfully developing priority areas." He added that the new program implies extending certain operations until 2027.
Also Read

Russian Military Products Banned At UK Farnborough Expo

November 22, 2017 @ 04:57 AM

Russian Kamov Ka-226T Helicopters Assembled in India Maybe Exported

November 22, 2017 @ 03:14 AM

Sudan Acquires Russian-built Su-35 Fighter Jets

November 21, 2017 @ 06:13 AM

Russian A-100 AWACS Aircraft Completes Maiden Flight, Deliveries to Start in 2020

November 20, 2017 @ 09:13 AM

Russia to Fully Replace Tu-60 Current Fleet With Modernized Models

November 17, 2017 @ 12:15 PM

Advanced Corvettes, Submarine for Russia's Pacific Fleet in 2018

November 28, 2017 @ 10:30 AM

Russian MoD Publishes Video Game Images as 'Evidence' of US Collusion with...

November 27, 2017 @ 03:20 AM

Russian Western Military District to Replace MiG-29 with Su-30SM Fighters in 2018

November 23, 2017 @ 11:34 AM