Russia to Create Own DARPA

28 September 2010 (Last Updated September 28th, 2010 18:30)

Russia has plans to create an agency similar to the US Defense Advanced Research Projects Agency (DARPA) to develop innovative military technology. Russian President Dmitry Medvedev said the nation should focus on producing its own high-tech systems rather than upgrading existing technolo

Russia has plans to create an agency similar to the US Defense Advanced Research Projects Agency (DARPA) to develop innovative military technology.

Russian President Dmitry Medvedev said the nation should focus on producing its own high-tech systems rather than upgrading existing technology.

Presidential aide Arkady Dvorkovich said the project could be created in collaboration with the Skolkovo fund.

The project's budget for the fiscal year 2011 is $3.1bn, according to RIA Novosti.