spot_img
spot_img
23.7 C
Lagos
Monday, October 3, 2022

Russia State Firms to Increase Military Hardware Production

Must read

Listen now

Rostech – the Russian state-owned defense industry giant – has vowed to enhance its production capabilities to keep up with the growing demand for military hardware amid the partial mobilization, the corporation announced on Wednesday.

Certain management decisions have already been taken, it added.

“Today, many Rostech enterprises have already introduced special operating conditions: The employees are working overtime and often on weekends as well,” Rostech said in a statement, adding that it would “further increase its production capacities to meet the goals” set by Moscow. The corporation also expressed its hope that “its contribution to the common cause would help Russia prevail and come out as a victor.”

The statement came as Russian President Vladimir Putin demanded the defense industry speed up their work under the state defense procurement and acquisition program.

Rostech is responsible for 40% of all defense acquisition contracts, the corporation said. The defense industry giant produces warplanes, artillery systems, high-precision weapons, communication devices and radio electronic warfare systems among others.

Earlier on Wednesday, Russian President Vladimir Putin announced a partial military mobilization. He said the Defense Ministry had recommended drawing military reservists into active service amid the prolonged conflict in Ukraine and Donbass.

According to Defense Minister Sergey Shoigu, the mobilization would involve calling to arms some 300,000 reservists, or just over 1% of Russia’s full mobilization potential.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -spot_img

Latest article