Russian journalist and TV host Ksenia Sobchak says she plans to run for presidentRussian Politics & Diplomacy October 18, 19:08
Mariinsky ballet troupe waltzes across America captivating US audiencesSociety & Culture October 18, 18:51
Gazprom says more than half of Power of Siberia pipeline readyBusiness & Economy October 18, 18:23
Ukraine's special forces storming tent camp outside parliamentWorld October 18, 18:18
Vibrant colors of Moscow's autumnSociety & Culture October 18, 18:16
Baltic Fleet ships enter North SeaMilitary & Defense October 18, 18:05
Russia not eyeing branding US media outlets undesirable organizations — prosecutorRussian Politics & Diplomacy October 18, 17:39
Russian and Swiss researchers to explore burial mound in SiberiaSociety & Culture October 18, 17:08
Russia to tap 10% of global online trade market by 2025 — ministryBusiness & Economy October 18, 17:05
MOSCOW, May 18 (Itar-Tass) —— Rostekhnologii will account for 150 billion rubles of state defense orders in 2012, President Vladimir Putin said on Friday.
“Corporation entities made 138.5 billion rubles worth of defense works in 2011, and the sum would reach 150 billion this year,” he said.
Putin recalled plans of large-scale modernization of the Russian Armed Forces. “The serial production of modern armaments and hardware will increase manifold. These products must be equal to or even better than foreign analogs, which exist and will be made in the future,” he said.
The achievement of this goal requires modernization of the defense sector, construction of new plants and introduction of new management models, which will lower costs, increase efficiency and upgrade product quality, he said.
“Rostekhnologii must become a leader of these processes. It will promote the exchange of new technologies between defense and civilian industries,” Putin concluded.