Search This Blog

Thursday, June 23, 2011

'The Russian Defence Market was Worth $47.10bn in 2010' Says visiongain Analyst

The Russian defence market is set to expand considerably over the next decade, with the Russian authorities seeking to modernise and improve the capabilities of the Russian armed forces, and to cement Russia's place as a leading military nation.

The visiongain author of The Russian Defence Market 2011-2021 commented "Although traditionally Russia's defensive needs have been near exclusively fulfilled internally, a policy of economic liberalisation pushed forward by Medvedev means that the defence market in Russia is starting to open up.

Joint ventures look to offer firms the greatest opportunities within the market, especially in connection to research and development, as Russia attempts to modernise its armed forces to elite standards over the coming years.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.