Deputy Prime Minister Dmitry Rogozin, who oversees Russia's military-industrial complex, says that defense spending should hold steady at about 3.5 percent of gross domestic production in order to meet the country's security needs for the next three or four decades.
In an interview published in "Vedomosti" on September 17, Rogozin lauded the country's current program to invest 20 trillion rubles ($653 billion) in new armaments as a way of "compensating" for the "chronic underfunding" of the military in the post-Soviet period.
Rogozin also said the state should retain control of arms exporter Rosoboroneksport for at least three-four years "until the defense industry overcomes the technological backwardness of a number of companies."
He said that all decisions involving Rosoboroneksport's business were made "in the Kremlin."
Based on reporting by "Vedomosti"