The Russian defense market will be driven by anarms race in the region with focus on modernizing its military by procuring advanced defense systems, and enhancing its border security measures. In addition, the capital expenditure allocation is anticipated to average 57.8% of the total defense budget during 2017-2021 and defense equipment procurements are expected to be in the areas of C4ISR systems- space-based, land-based and airborne, transport aircraft, multi-role aircraft, and submarines.
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