Russia's state defense order up by 8% in 2010: deputy PM
www.chinaview.cn 2009-09-22 17:52:22   Print

    MOSCOW, Sept. 22 (Xinhua) -- The state defense order of Russia will increase by eight percent in 2010 year-on-year to 1.1 trillion rubles (around 36 billion U.S. dollars), the deputy prime minister said Tuesday.

    Russia's defense orders this year were expected to reach 1 trillion rubles (33 billion dollars), with 332 billion rubles (10.9 billion dollars) for purchases and maintenance of military equipment, Deputy Prime Minister Sergei Ivanov said at a meeting of the military-industrial commission.

    "Amid the current uneasy economic conditions the planned increase is even more than substantial," the Itar-Tass news agency quoted him as saying.

    Ivanov said earlier that Russia would spend 470 billion rubles (15.5 billion dollars) on arms, equipment and maintenance of its armed forces in 2010.

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