European Parliament committee approves plan of visa abandonment for UkraineWorld September 26, 21:38
Russian diplomat says US rhetorics undermine UN Security Council actionsRussian Politics & Diplomacy September 26, 21:22
Russia needs united football fans’ association — sports ministerSport September 26, 21:12
Russia to lift ban on fruits, vegetables supplies from EgyptBusiness & Economy September 26, 21:04
Ukraine opens criminal cases against Russian MPs elected in CrimeaWorld September 26, 21:00
Russia's Rostec in talks with Pakistan on tariffs increase for North-South gas pipelineBusiness & Economy September 26, 20:43
Egyptian air carriers get permit for use of Russia’s SSJ-100 aircraftBusiness & Economy September 26, 20:32
Crimea’s prosecutor steps down — sourceRussian Politics & Diplomacy September 26, 20:00
Overwhelming majority of Azerbaijanians support constitutional amendments — ruling partyWorld September 26, 19:47
MOSCOW, March 12. /TASS/. Russia’s Defense Ministry may this year spend some 270-290 billion rubles ($4.4-4.7 billion) on research and design work to create promising weapons and hardware, Deputy Defense Minister Yury Borisov said Thursday.
"We annually spend on R&D some 15-16% of the state defense order's volume," Borisov said speaking at the all-army conference of inventors and rationalizers.
He said the 15% is the minimum to be used to evaluate the intellectual property created as part of the state defense order.
"There is no upper limit. If the product is successful and finds its use not only in the Armed Forces of the Russian Federation, but also on the external armaments market, or if the invention or innovations find their application on the civil market, the effect could be a few times as high as expenditures," the deputy minister stressed.
Earlier, the deputy minister said the state defense order in 2015 will total 1.8 trillion rubles (around $29.5 billion).
In 2014 the state defense order stood at about 1.7 trillion rubles. According to Deputy Prime Minister Dmitry Rogozin, it was expected to grow by 20% in 2015.