Russia to spend big on weapons: Medvedev

The Russian government has pledged 22 trillion rubles for its state arms procurement program through 2020.

Last Updated: Nov 21, 2011, 16:37 PM IST

Moscow: President Dmitry Medvedev on Monday said Russia would spend unprecedented sums on new weaponry.

"Make no doubt about it, we will continue equipping the Army," he said.

"We have significant, unprecedented, large amounts of money to that end," he said during a meeting with army servicemen in southern Russia`s Vladikavkaz.

The Russian government has pledged 22 trillion rubles (USD 730 billion) for its state arms procurement program through 2020.

Medvedev also said Russia may buy some foreign-made arms "so that we have an idea of how foreign armies are equipped and that our producers can make the best arms".

IANS