Russia's Investment in Military Technology
Revision as of 02:47, 19 September 2009 by Ankitanand (talk | contribs) (New page: ==DESCRIPTION== Russia inherited most of the defense industry of the Soviet Union. While the 90s is termed as the lost decade for Russia and technologically, many of its blah blah are co...)
DESCRIPTION
Russia inherited most of the defense industry of the Soviet Union. While the 90s is termed as the lost decade for Russia and technologically, many of its blah blah are considered to be out-of-date and the country still uses equipment which it could have retired long ago, Russia’s focus on maintaining a strong defense industry is not to be ignored. Since 2000, the country’s military budget has increased six times.
Russia has also been increasing salaries for it’s military personnel and allocated a 170 billion budget for three years (2008-2010) to the enhancement of its defense industry. These trends point in the direction that Russia will pay close attention to developing its defense industry in time to come.