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Research and Markets: Russia Defence & Security Report Q1 2012 - A Sum of RUR300bn Alone Has Been Made Available For the Modernisation of Airports by the End Of 2015

Dépèche transmise le 12 janvier 2012 par Business Wire

Research and Markets: Russia Defence & Security Report Q1 2012 - A Sum of RUR300bn Alone Has Been Made Available For the Modernisation of Airports by the End Of 2015

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/86324e/russia_defence_s) has announced the addition of the "Russia Defence & Security Report Q1 2012" report to their offering.

“Russia Defence & Security Report Q1 2012”

According to data published by Deputy Prime Minister Sergei Ivanov, Russia's military-industrial complex increased its total production by 12% last year. By contrast, its output of defence-related items rose by 18.6%. Labour productivity rose by 17%. In part, this reflects the growing demand of a country whose large armed forces have been restructured and modernised, and who are re-equipping after a long period of under-investment. The energy boom that has dramatically boosted the fortunes of Russia's economy and public finances since 2009 has laid the foundations for a bonanza. Over the long term, funds available for the modernisation of the navy, for instance, amount to around RUR5,000bn. A sum of RUR300bn alone has been made available for the modernisation of airports by the end of 2015.

A casual glance at the headlines from the three months to the end of July 2011 shows that, among much else: the navy is buying four Mistral helicopter carriers; the airforce will be looking to purchase 48 of the new Sukhoi Su-35S fighters; various agencies are taking deliveries of helicopters, and; the number of military specialists that are to be trained by the support organisation DOSAAF in 2012 will be 130,000 - or 20,000 more than were trained in 2011.

Negotiations between Russia and NATO over missile defence systems appear to have stalled. Defence minister Anatoly Serdyukov has noted that the supply of strategic missiles to Russia's armed forces will increase by 300% in 2011-15 relative to the previous five-year period.

Companies Mentioned:

• Irkut
• Kazan Helicopters
• Rosoboronexport State Corporation
• Russian Aircraft Corporation MiG (RSK MiG)
• Sukhoi Aviation Corporation
• United Aircraft Corporation
• Uralvagonzavod

For more information visit http://www.researchandmarkets.com/research/86324e/russia_defence_s