Russian president demands swift adoption of rearmament program

11:03, May 11, 2011      

Email | Print | Subscribe | Comments | Forum 

Russian President Dmitry Medvedev on Tuesday demanded the adoption of a federal program by the end of May to develope the country's military industrial complex, according to local media reports.

The president said that the program covering the period until 2020 should take into account both the needs of the Russian Armed Forces and export forecasts.

Meanwhile, Medvedev criticized senior defense industry officials for failing to implement the government's weaponry procurement program and state defense order plans.

"Despite the measures taken, the situation in the military industry could not be called satisfactory," Medvedev noted, recalling that the wearing out of Russian military enterprises has reached nearly 70 percent.

The president also pointed out that there has been no working mechanism for attracting innovations and non-budget investments into this sector.

Medvedev said that in 2010 alone, the Armed Forces have been expecting to receive hundreds of pieces of military hardware, "but the goal has not been reached."

On Monday, Medvedev stressed in a speech delivered during the Victory Day parade that the modernization and development of the Armed Forces remains a key priority for the Russian leadership.

The Russian government's re-armament program envisages the allocation of 20 trillion rubles (over 720 billion U.S. dollars) for the needs of the military industry until 2020.

Source: Xinhua
BRICS Leaders Meeting 2011
Japan in aftershocks
  Weekly review  
May 05   Fight against terrorism should strike at roots
April 29   'Human rights overriding sovereignty' only a mask of hegemony
May 04   Human rights dialogues need mutual understanding
May 03   Highlights of China's sixth national census results
May 07   The week in pictures
May 03   Expats seeking opportunities in China
May 04   Some Chinese colleges face decreasing enrollment, struggle to survive
May 05   French leader: China's peaceful rise puts world at ease
April 29   Ten most valuable cultural relics displayed at Xi'an exposition park
May 03   US kills Bin Laden, ending 10-year manhunt


  • Do you have anything to say?


Special Coverage
  • Al-Qaeda leader Osama bin Laden dead
  • BRICS Leaders' Meeting 2011
Major headlines
Editor's Pick
  • Microsoft to buy Skype for $8.5 billion
  • Omar: Osama's death won't affect Indo-Pak dialogue
  • Three years after quake, new towns rise in SW China
  • Mid-day flyover marks Israeli Independence Day
  • Cannes Film Festival: pre-opening report
  • Court absolves ex-Guatemalan president in $15 mln corruption case
Hot Forum Dicussion