FX Guys

Russia’s Medvedev says defence factories meeting demand, denies missile shortage

MOSCOW (Reuters) – Former Russian president Dmitry Medvedev said the country’s factories are working round the clock to meet an exponential increase in defence orders, mocking the idea that Moscow’s forces in Ukraine were running out of missiles.

Medvedev said Moscow had increased military production “by tens of times” at some factories and was closely studying weapons fired into Russian-held areas from the Ukrainian side in an effort to gain an advantage.

Russia moved defence production into overdrive last year as its forces burned through huge quantities of ammunition in Ukraine and had thousands of armoured vehicles destroyed or captured.

A leading Western think-tank said last week that Russia had lost around half of its most modern tanks and was struggling to replace them. Ukrainian and Western officials have said that Moscow is running low on some types of missiles, and that Western sanctions are hampering its ability…
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