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Defense contracts 2013 to be signed by late October

April 27, 2012, 18:21 UTC+3
The state armament program until 2020 gives a list of defense products specified by product type, amount, production date and so on, the minister said
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MOSCOW, April 27 (Itar-Tass) — The Defense Ministry plans to sign defense contracts 2013 by October, Minister Anatoly Serdyukov said on Friday.

“The placing of state defense orders will begin in May and end in late October 2012,” the Defense Ministry’s information department quoted Serdyukov.

In his opinion, the signing of defense contracts was rather well in 2011 and the same would happen in 2012. Serdyukov explained the improvement with a new way of interaction with defense plants.

The state armament program until 2020 gives a list of defense products specified by product type, amount, production date and so on, the minister said.

He did not rule out though that certain defense plants might breach production schedules for various reasons and promised a discriminative approach. “Contracts fulfilled to a large degree will be accelerated, while contracts causing disagreements will be subject to additional negotiations,” the minister said.

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