21/10/2014 14:19
RIA Novosti

News

Russia Plans $55.3Bln Expenditure On Aerospace Defense by 2020

1 / 2
Aerospace Defense Forces exercisesAerospace Defense Forces exercises
20:35 28/02/2014
Tags: Aerospace Defense Forces (VKO), Yury Borisov, Russia

MOSCOW, February 28 (RIA Novosti) – Russia’s military will invest 2 trillion rubles ($55.3 billion) in building up its aerospace defense weapons over the next six years, defense officials said Friday.

Deputy Defense Minister Yury Borisov said the goal is to spend the funds on developing the Aerospace Defense Forces, or VKO, by 2020 to make sure they were capable of combating existing and future types of air and space attacks.

The VKO, a military branch created in 2011, unites air and missile defense systems with early missile warning and space control mechanisms and is a top priority of the state armament program.

President Vladimir Putin, during a visit to an air defense systems plant in St. Petersburg in June, said 3.4 trillion rubles ($94.2 billion) would be allocated for development of the VKO by 2020.

A press spokesman said the two figures were related to the same 2020 rearmament push, but the reason for the discrepancy in figures was not immediately clear.

  • Add to blog
  • Send to friend
  • Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

Preview:

RIA NovostiAerospace Defense Forces exercisesRussia Plans $55.3Bln Expenditure On Aerospace Defense by 2020

20:35 28/02/2014 Russia’s military will invest 2 trillion rubles ($55.3 billion) in building up its aerospace defense weapons over the next six years, defense officials said Friday.>>

Send by e-mail

All fields are required!




Leave a comment

    Рейтинг@Mail.ru
    © 2014  RIA Novosti
    Some material may be inappropriate for those under 18