26 july 2011

Prime Minister Vladimir Putin holds a meeting on the issue of defence procurement

Vladimir Putin

At a meeting on the issue of defence procurement

Participants:
“In 2011, an unprecedented amount of funding was allocated towards the purchase and modernisation of equipment, arms, research and development in defence. In modern Russia, we have never set aside this kind of money before: 750 billion roubles in one year! <…>The government expects that this huge sum will be used efficiently in order to improve the performance of the organisations involved in the defence industry and state procurement.”