Russia’s Defense Industry: What Does the Future Hold?
Since 2009, Russia's increase in defense spending and large military modernization program has revived its defense industrial complex. By all appearances, the Russian defense industry is back, producing planes, ships and a host of new weapon systems for a revamped military. Yet future budget cuts, sanctions, growing competition on the international market, and its own inefficiency and corruption are likely to limit the defense industry’s capacity to deliver on promises.
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Overview
Since 2009, Russia's increase in defense spending and large military modernization program has revived its defense industrial complex. By all appearances, the Russian defense industry is back, producing planes, ships, and a host of new weapon systems for a revamped military. Yet future budget cuts, sanctions, growing competition on the international market, and its own inefficiency and corruption are likely to limit the defense industry’s capacity to deliver on promises. Will Russia be able to overcome these challenges to fulfill its ambitious defense plans? How will the defense sector fare in these hard times for Russia's economy? Ruslan Pukhov and Keith Crane will discuss what the future might hold for Russia's defense industry.
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Kennan Institute
The Kennan Institute is the premier US center for advanced research on Eurasia and the oldest and largest regional program at the Woodrow Wilson International Center for Scholars. The Kennan Institute is committed to improving American understanding of Russia, Ukraine, Central Asia, the South Caucasus, and the surrounding region though research and exchange. Read more
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