MOSCOW, May 7 (RIA Novosti)
Russian President Vladimir Putin ordered the government to ensure the development of the Navy, first of all, in the Far East and Arctic zones, the Kremlin press service said on Monday.
He also ordered providing the Armed Forces with modern weaponry systems, increasing their share to 70 percent by 2020.
Putin, who was sworn in as Russian president earlier on Monday, also instructed the government to draft proposals on creating federal executive agencies, which will be responsible for the placement and implementation of state defense orders.
The Defense Ministry’s federal service for the defense order and federal agency for defense supplies are currently handling these issues.
Putin also said the number of contract servicemen in the Russian Armed Forces should be annually increased by no less than 50,000 people.
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The current contract portfolio of Russian arms exporters is worth about $46 billion. Annual exports total $15 billion, and this will ensure uninterrupted deliveries for the next three years, even in the worst-case scenario. The list of the main buyers of Russian weapons is unlikely to change drastically.