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Russian state defense orders to exceed 908 bln rubles this year

175.95 billion rubles will come in loans on Russian state guarantees

Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, January 24 (Itar-Tass) — Russian state defense orders will amount to 908.44 billion rubles this year, First Deputy Defense Minister Alexander Sukhorukov said.

“The budget will assign 732.49 billion rubles, while 175.95 billion rubles will come in loans on Russian state guarantees,” he said. “A total of 745 long-term contracts with the total value of 391 billion rubles [53.4% of the total amount of state defense orders for this year] have been signed.”

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