Russia's state defense order to rise 8% to $36 bln in 2010 - Ivanov

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    Russia's state defense order to rise 8% to $36 bln in 2010 - Ivanov

    MOSCOW, September 22 (RIA Novosti) - Russia's state defense order will rise 8% in 2010 year-on-year to 1.1 trillion rubles ($36 billion), Deputy Prime Minister Sergei Ivanov said on Tuesday.
    Defense orders in 2009 are expected to amount to 1 trillion rubles ($33 bln), with 332 billion ($10.9 bln) being spent on purchases and maintenance of military equipment.
    Ivanov earlier said that Russia would spend 470 billion rubles ($15.5 bln) on arms, equipment and maintenance of its Armed Forces in 2010.
    Russian Prime Minister Vladimir Putin earlier identified the priorities for the financing of the Armed Forces as "Maintenance and development of the nuclear capability and missile and space defense forces, providing troops with modern offensive weapons, as well as command and control, communication and intelligence systems, and strengthening military infrastructure in key strategic sectors."

    Russia's state defense order to rise 8% to $36 bln in 2010 - Ivanov | Top Russian news and analysis online | 'RIA Novosti' newswire
     
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