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Russia to spend $15 bln on armed forces in 2010

RIA Novosti

20:22 07/08/2009 MOSCOW, August 7 (RIA Novosti) - Russia will spend 470 billion rubles ($15 billion) on arms, equipment and maintenance of its Armed Forces in 2010, Deputy Prime Minister Sergei Ivanov said on Friday.

He specifically mentioned advanced strategic missiles, warships, submarines, and Sukhoi warplanes.

He told an inner Cabinet meeting chaired by Prime Minister Vladimir Putin that a draft defense order would be received by the Finance Ministry before August 20 and subsequently incorporated into the 2010 budget.

Putin said that the 2010 state defense order would increase 1.2% on 2009, adding that was "one of the budget priorities."

He identified the following priorities for the Armed Forces: "Maintenance and development of the nuclear capability and missile and space defense forces, providing troops with modern offensive weapons, as well as command and control, communication and intelligence systems, and strengthening military infrastructure in key strategic sectors."

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