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Russia to approve ten-year state armaments program in December 2015

October 28, 2014, 13:21 UTC+3 MOSCOW
According to Deputy Prime Minister Dmitry Rogozin, the program will stipulate state-of-the-art innovative developments, including the construction of module-based ships
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© ITAR-TASS/Vladimir Astapkovich

MOSCOW, October 28. /TASS/. Russia will approve the state armaments program for 2016-2025 in December next year, Deputy Chairman of the Defense and Industrial Commission Board Oleg Bochkaryov said on Tuesday.

The state program will be Russia’s fifth armaments plan for the past 20 years. Deputy Prime Minister Dmitry Rogozin overseeing the country’s defense and industrial sector in the government has said the program will stipulate state-of-the-art innovative developments, in particular, the construction of module-based ships.

“The financing volume is not yet known and the program has not yet been approved. The financing volume will be approved by a presidential order in December 2015. This is the deadline for approving the new state program for 2016-2025,” the defense official said.

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