Preparations for the parade on Red Square are taking place in Alabino, outside the capital.
Victory Day marks the final surrender by Nazi Germany to the Soviet Union in the Eastern Front of WWII, referred to as the Great Patriotic War in Russia and other former Soviet states.
The parade will be accompanied by a military orchestra of 1,100 musicians, and comprise three sections - a march pass, involving military personnel followed by sophisticated hardware and a fly over by combat aircraft.
Col. Gen. Valery Gerasimov, the commander of the Moscow military district, earlier said the military hardware on display at the parade would include Iskander theater missile systems, the S-300 and S-400 air defense systems, and the Buk air defense systems. (VIDEO)
Last year, the parade involved almost 8,000 personnel, 111 tracked and wheeled military vehicles, as well as 33 aircraft and helicopters. (Victory Day parade - Image gallery)
The first Victory Parade was held on Red Square on June 24, 1945 on the order of the then-supreme commander-in-chief, Joseph Stalin.