Russia Plans $55.3Bln Expenditure On Aerospace Defense by 2020

Russia’s military will invest 2 trillion rubles ($55.3 billion) in building up its aerospace defense weapons over the next six years, defense officials said Friday. Deputy Defense Minister Yury Borisov said the goal is to spend the funds on developing the Aerospace Defense Forces, or VKO, by 2020 to make sure they were capable of combating existing and future types of air and space attacks.

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