Monday, March 21, 2011

Putin Announces Doubling of Missile Production

MOSCOW - Russian Prime Minister Vladimir Putin said March 21 that Russia will double production of missile systems beginning in 2013 as the government plans to spend $2.7 billion to launch their serial production until 2020.
"New missile weapons, strategic and tactical, such as Yars, Bulava and Iskander-M, will enter service, and beginning in 2013 the production output of missile systems should effectively double," Putin said.
Speaking in Votkinsk at a government meeting dedicated to the $670 billion 2011-2020 state arms procurement program, Putin added that the local Votkinsk plant will get $340 million for its modernization within the next three years. Other companies involved in the same production chain with the Votkinsk plant will get $190 million to upgrade their equipment in the next three years, the prime minister said.
The Votkinsk plant, launched in the Volga region Udmurtia republic in 1984, produces the Topol-M, Yars and Bulava intercontinental ballistic missiles, which are expected to remain the core of Russia's strategic nuclear forces for decades ahead.
Putin, who visited the plant March 21, called it "the most key one in the whole industry," adding that it will enjoy guaranteed state defense orders.
Under the New START nuclear arms reduction treaty between Russia and the United States, which went into effect in February, both countries should have up to 1,550 nuclear warheads and 700 deployed launchers. According to the official disclosure, Russia now has more than 4,000 nuclear warheads and over 800 deployed launchers.

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