Russia poised to increase defence spending
Russian BMP-3. (Photo: Rostec)
Russia is set to significantly increase its expenditure on defence and national security according to a draft 2023 to 2025 budget.
The documents published by Russia’s state Duma show that spending on defence will increase by 43% compared to previously published figures.
Planned defence spending will reach 4.7 trillion Rubles ($81.5 billion) in 2023 compared to a previously expected 3.5 trillion Rubles ($60.6 billion).
National security funding, which includes Russia’s police services, is predicted to increase by almost 49% when compared to figures published last year.
Russia is one of the world’s five biggest defence spenders, according to Stockholm International Peace Research Institute (SIPRI).
Before 2021, the country had seen three consecutive years of increased defence expenditure.
You may also like
More from Defence Notes
-
![Global Ordnance and Sparkz disclose plans for 500,000 US-made UAV batteries a year]()
Global Ordnance and Sparkz disclose plans for 500,000 US-made UAV batteries a year
The companies have outlined plans for US$25 million manufacturing lines and initial deliveries in 2027 as Washington tightens restrictions on Chinese UAV components.
-
![Patria OPTIME and ILIAS: Orchestrating operational readiness across every domain]()
Patria OPTIME and ILIAS: Orchestrating operational readiness across every domain
Patria OPTIME is a sustainment concept that integrates MRO and lifecycle services into one solution, powered by the ILIAS digital defence platform
-
![US military seeks common controllers for drones and robotic systems]()
US military seeks common controllers for drones and robotic systems
US Air Force, Army, Marine Corps and Special Operations Command initiatives signal demand for interoperable uncrewed systems control, creating opportunities for suppliers of hardware, software and integration services.
-
![“Start planning much earlier”: delivering defence support in an era of disruption]()
“Start planning much earlier”: delivering defence support in an era of disruption
In Conversation… The geopolitical landscape is increasingly uncertain, with the UK and its allies confronting the most unpredictable international environment for decades. To adapt, defence readiness must begin long before assets reach the front line, forging a resilient support enterprise that can thrive in a time of ongoing disruption, argue the partners of Team ORION.
-
![“Communicating at mission speed”: why data security is essential for operational success]()
“Communicating at mission speed”: why data security is essential for operational success
In conversation… Everfox’s Chairman and Chief Executive Officer Dave Wajsgras and Managing Director, International, Colin McKinty discuss the critical importance of information security in defence, minimising insider risk and the company’s international growth strategy with Shephard’s Andrew White.
-
![“Engage with the operational problem”: how software innovation can boost UK defence]()
“Engage with the operational problem”: how software innovation can boost UK defence
In Conversation… Shephard’s Andrew White talks to Zafer Şen, CEO and co-founder of OBSS, about the future of command-and-control software in the age of artificial intelligence, and his company’s ambitions in the UK defence market.
