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Global Military Expenditure $1917 billion in 2019- SIPRI

Global Military Expenditure $1917 billion in 2019- SIPRI
Global military expenditure was $1917 billion in 2019, an increase of 3.6 per cent in real terms. The five largest spenders in 2019, which accounted for 62 per cent of expenditure, were the United States, China, India, Russia and Saudi Arabia. This is the first time that two Asian states have featured among the top…
  • 28.04.2020
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Ukraine Liquidates Ukroboronprom

Ukraine Liquidates Ukroboronprom
Ukroboronprom, one of the 100 largest military-industrial companies in the world according to the Stockholm International Peace Research Institute (SIPRI), will be liquidated, said Roman Bondar, deputy director general of Ukroboronprom. According to him, instead of Ukroboronprom, at least six branch state corporations will be created within two years, around which consolidation of more than…
  • 23.04.2020
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Boomerang Combat Platform Launched In The Global Market

Boomerang Combat Platform Launched In The Global Market
Press service of Rosoboronexport JSC (part of the Rostec State Corporation) announced today that Rosoboronexport has started promoting the newest Boomerang universal combat platform developed and manufactured by the Military Industrial Company (VPK) in foreign markets.  “The launch of the marketing campaign for the Boomerang’s export version is good news for Rosoboronexport and our partners.…
  • 23.04.2020
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Rostec Plant Will Produce 5000 Ventilators by June

Rostec Plant Will Produce 5000 Ventilators by June
The Ural Instrument Factory (part of KRET JSC Rostec) will produce five thousand mechanical ventilation devices by the end of May, and 15 thousand by the end of the year.  "With the help of loans from the Industrial Development Fund in the amount of 1.6 billion rubles, the Ural Instrument Factory will increase the production…
  • 21.04.2020
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MoD Signed Acceptance Certificate of the First Unmanned “Orion” Complex

MoD Signed Acceptance Certificate of the First Unmanned “Orion” Complex
The Ministry of Defence of the Russian Federation signed the acceptance certificate of the first unmanned long-range "Orion" complex. The complex consists of three devices. It was created by the efforts of the Kronstadt group. The chief designer of "Kronstadt" Nikolai Dolzhenkov said that "the technical part of accepting the transfer of the complex has been…
  • 21.04.2020
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Russian Defense Firm Delivers Regiment Set of S-400 Systems Ahead of Schedule

Russian Defense Firm Delivers Regiment Set of S-400 Systems Ahead of Schedule
Russia’s top brass has received the first regiment set of S-400 ‘Triumf’ anti-aircraft missile systems this year from Almaz-Antey defense manufacturer, the Company’s press office reported on Thursday. The official handover ceremony took place at the Kapustin Yar proving ground in the southern Astrakhan Region. «We have delivered the first regiment set of S-400 ‘Triumf’…
  • 12.03.2020
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VAT exemption for sales and import of airplanes and aero engines

VAT exemption for sales and import of airplanes and aero engines
The law on tax incentives for civil aviation development was passed in the third and final reading. Since January 1, 2020 VAT exemption will also be granted for import of spare parts and components intended for construction, repair and upgrade of civil aircraft in the territory of Russia. Value added tax (VAT) is cancelled for…
  • 03.10.2019
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Arzamas Instrument Plant: Heading for the Development

Arzamas Instrument Plant: Heading for the Development
INSET: Arzamas Instrument Plant (AIP) named after P. I. Plandin JSC is a leader of the country’s defense and industry complex. It is the world-renowned plant manufacturing instruments for aviation, missile, space industries as well as a wide range of civil-purpose products. For more than 50 years the company has accumulated a vast experience in the design and…
  • 24.10.2015
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Import Substitution: Next Step

Import Substitution: Next Step
“Defence industry is the significant scientific potential, the crème de la crème of engineering society, and companies that are able to meet today's challenges of any kind. These are the companies with the biggest scientific and engineering potential. Demonstration of our military equipment is a clear proof of this point” Oleg Sienko, CEO of Research…
  • 23.10.2015
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