Support The Moscow Times!

New Defense Plants Coming

Almaz-Antey plans to build two new production plants in the next two years worth more than $1 billion, Yury Borisov, first deputy chairman of the government defense industry commission, said Friday, Interfax reported.

"The total value of the two new plants is more than $1 billion," Borisov said at a meeting on problems in the defense sector at Almaz-Antey's headquarters.

Scale replicas of the two new plants, which will be located in the Kirov and Nizhny Novgorod regions, were presented to Deputy Prime Minister Dmitry Rogozin. They will engage in batch production of the latest air defense missile systems and components.

(MT)

Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.