Defense Spending Projection Jumps
November 10 2010
Russia expects to record a large increase in its defense spending in 2011, Defense News reports.
About US$63.4 billion -- 19 percent of the national budget -- will be spent on defense, Finance Minister Alexei Kudrin said.
The Kremlin previously planned to spend US$49.4 billion on defense in 2011. The 2010 defense budget is set at $41.5 billion.
There was no breakdown on the government website specifying how much would be spent on procurement. Moscow is undertaking a...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
- More than 7,500 weapons systems and platforms
- Nearly every country's armed forces
- Militant organizations
Try Military Periscope free for seven days
Your online source for military news, weapons, and nation's armed forces worldwide
Military Periscope FEDLINK information
Service ID: UC
Contract Number: LCFDL24D0002
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
customerservice@militaryperiscope.com
©Military Periscope 2025
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.