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Defense Industry: News

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Russia's military spending masks a longer-term strategy for a prolonged war

The Russian government began the month by submitting a three-year budget plan to parliament, proposing yet another increase in funding for its war against Ukraine. On the surface, the planned increase looks substantial. Russia's overall military budget is set to rise to around 17 trillion rubles (approximately $200 billion) in 2027, up from 12 trillion rubles in 2026 — a 27% increase in nominal spending. When combined with spending on law enforcement, another heavy budget line, expenditures on

About Defense Industry

Ukraine's defense industry produces weapons systems, ammunition, and military equipment for Ukrainian forces and potential export markets. Domestic production expanded significantly since Russia's full-scale invasion began in February 2022, with especially drone production.

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