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Diversification of Defence Industry: Challenges, Opportunities and Support Tools

Theme track
Diversification of Defence Industry
8 July
11:45 - 13:15
Pavilion 4, HALL 5

Successful and sustainable economic development of defense enterprises depends on their ability to achieve a well-balanced combination of three key factors: state defense procurement, military and technical cooperation, and diversification of production, i.e. production of civilian and dual-use goods. As the goals of the state armaments program are met, state defense procurement volume will decrease, and the global armaments market is rather conservative – that is an objective trend. In this context, diversification becomes particularly important.

The President tasked the defense industry with increasing the share of civilian products to 30% by 2025 and reaching 50% by 2030. How can the defense industry achieve these indicators while keeping its operations economically viable and attractive to potential investors? What risks and issues does the segment currently face? What should the government do in order to encourage investment into the defense industry?

Moderator: Andrey Klepach, Deputy Chairman (Chief Economist) and Board Member, Vnesheconombank.

Speakers:
— Yury Borisov, Deputy Prime Minister of the Russian Federation;
— Oleg Ryazancev, Deputy Minister of Industry and Trade of the Russian Federation;
— Azer Talibov, Deputy Minister of Economic Development of the Russian Federation;
— Evgeny Kuivashev, Governor of the Sverdlovsk Region;
— Petr Fradkov, CEO, Promsvyazbank.

Experts:
— Sergey Sakhnenko, Industrial Director of Radioelectronic Complex, Rostec;
— Alexey Rakhmanov, President, United Shipbuilding Corporation;
— Yan Novikov, Director General, Almaz-Antey Air and Space Defense Corporation;
— Igor Dubonosov, Deputy Chairman of the Board of Directos, NOVIKOMBANK;
— Radik Khasanov, CEO, PO Sergo Plant (POZIS);
— Nikolay Borisenko, Deputy Director for Venture Capital, Leader AM;
— Andrey Manoilo, First Deputy Director, Industrial Development Fund;
— Mikhail Sokolovsky, General Designer-First Deputy General Director, NPO Iskra;
— Konstantin Mikhailik, Deputy General Director for Operations, Rosseti;
— Andrei Shishkin, Vice President for Energy, Localization and Innovation, Rosneft;
— Mikhail Podvyaznikov, Director, SZRTS of Concern VKO "Almaz-Antey";
— Vladimir Dovgy, General Director, Interdepartmental Analytical Center.

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