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Share of modern hardware in Russian army to reach 70%-100% by 2020

"I expect that the defense-industrial enterprises and the research and design bureaus will do their utmost for the timely and proper implementation of the identified plans," Putin said

KUBINKA /Moscow Region/, June 16. /TASS/. Russian President Vladimir Putin hopes that the defense-industrial complex will cope with the task of building up the share of modern types of hardware at the disposal of the Russian armed forces to 70%-100% by 2020.

"Let me remind you that the implementation of the state program is to build up the share of cutting-edge weapons in the armed forces to 70%, and in some cases, to 100% by 2020. This is an impressive parameter, indeed," Putin told an audience at the opening of the international arms show Army-2015 in Kubinka, near Moscow Tuesday.

"I expect that the defense-industrial enterprises and the research and design bureaus will do their utmost for the timely and proper implementation of the identified plans," Putin said.

Defense-industrial complex must remain innovation engine in various spheres

Russia’s defense-industrial complex must be a resource for the development of many industries and an innovation engine in general, Russian President said.

"It is nakedly clear that the effectiveness of the defence-industrial complex is the most important resource of growth for the whole economy. Moreover, it is the defense-industrial complex that should set the benchmarks regarding many technological and manufacturing parameters and remain one of the innovation engines, including dual purpose and civilian ones," Putin said. He mentioned such industries as energy production, power engineering, communications and microelectronics.

"It is important to perfect the mechanisms of public-private partnership in the industry and to spread the successful experience of private companies, which provide parts and components for military products," Putin said. He called for giving civilian enterprises, universities and research centers in the work on state defence contracts.