Russian Defense Ministry
MOSCOW, June 24 (RIA Novosti) - The Russian Defense Ministry has signed 737 billion rubles (about $22.5 billion) worth of contracts as part of its arms procurement program for 2013, a senior ministry official said on Monday.
The signed deals account for 82.4 percent of this year’s arms procurement quota, Deputy Defense Minister Yury Borisov said.
The total defense spend this year exceeds 1 trillion rubles, up 40 percent on 2012, including credits and subsidies to defense firms, he said.
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