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The Russian defense market is one of the largest in the world, with an estimated value of USD 61.7 billion in 2022. The country has a long history of military innovation and possesses a strong industrial base for defense production. Russia's defense industry is heavily focused on developing and producing cutting-edge weapons systems, including tanks, aircraft, missiles, and submarines.
The Russian government maintains tight control over defense procurement, with the Ministry of Defense (MoD) playing a central role in the process. The MoD sets the overall procurement strategy and oversees the selection of suppliers. The procurement process is often non-competitive and favors domestic companies.
Russia's defense procurement priorities are focused on maintaining its military superiority and deterring potential adversaries. Key procurement areas include:
Combat aircraft: Russia operates a large fleet of fighter jets, bombers, and attack aircraft. The country is currently developing new fighter jets and bombers to maintain its edge in airpower.
Naval vessels and submarines: Russia has a powerful navy with a presence in all major oceans. The country is currently procuring new submarines and frigates to modernize its fleet.
Missiles and weapons systems: Russia possesses a wide range of missiles, including ballistic missiles, cruise missiles, and air-to-air missiles. The country is developing new missile systems to enhance its deterrence capabilities.
Ground forces equipment: Russia's ground forces are equipped with a variety of tanks, armored vehicles, and artillery systems. The country is currently developing new ground forces equipment to improve its battlefield capabilities.
Aerospace and space systems: Russia has a strong aerospace industry and is developing new satellites, launch vehicles, and space exploration technologies.
Top Authorities for Russia Defense Procurement
The Ministry of Defense (MoD) is the primary authority responsible for managing defense procurement in Russia. The MoD works closely with other government agencies, including the Ministry of Finance and the Ministry of Industry and Trade, to ensure that procurement decisions align with national defense strategies.
Key players in the Russian defense industry include:
Rostec: Rostec is a state-owned corporation that encompasses a wide range of defense companies in Russia.
United Aircraft Corporation (UAC): UAC is a state-owned holding company that consolidates the Russian aircraft manufacturing industry.
Almaz-Antey Air Defense Concern: Almaz-Antey is a leading manufacturer of air and missile defense systems.
United Shipbuilding Corporation (USC): USC is a state-owned holding company that consolidates the Russian shipbuilding industry.
Russian Helicopters: Russian Helicopters is a leading manufacturer of helicopters.
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