Russia's ambitious 2011-2020 arms procurement program stipulates the upgrade of up to 11 percent of military equipment annually and will allow the country to increase the share of modern weaponry in the Armed Forces to 70 percent by 2020.
Russia allocated about 908 billion rubles (about $30.7 bln) on state defense order spending in 2012.The sharp increase in spending was necessary to boost R&D and put new weaponry into mass production, Rogozin said last December.
