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Russia's defense industry

Putin orders share of non-defense export in defense industry to be increased to 50%

Russian president has also marked progress in the national defense industry sector

© Dmitry Serebryakov/TASS

MOSCOW, December 1. /TASS/. Russian President Vladimir Putin called in the state-of-the-nation address to the Federal Assembly on Thursday to increase the share of non-defense export in the defense industry to 50% by 2030.

"Its share should be at least a third of the total production output in the defense sector in the coming decade," Putin said.

"I want to share these plans with you: the defense segment will produce approximately 16.1% of non-defense products, minor growth is planned in 2020, 30% by 2025 and at least 50% of non-defense products should be by 2030," Putin said.

Read also

Defense minister says new military hardware enhances Russia's combat potential

Russian president has also marked progress in the national defense industry sector, which shows a significant productivity growth - 9.8%.

"We conducted a thorough modernization of the military-industrial enterprises of the defense sector. This has led to an increase in production volumes, and which is most important - to a significant increase in productivity. The defense sector shows is very good performance and gives a good example. In 2016, the expected rate of production growth in the defense industry will be 10.1%, and the expected productivity growth rate is 9.8%," President Vladimir Putin said in his state-of-the-nation address

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Russia's defense industry

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