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Russia's Defense Industry Finds Itself in a Tailspin

Apr 29, 2019 | 05:00 GMT
A Russian military helicopter Mi-26T2V flies during an exhibition flight at the Mil Moscow Helicopter plant outside Moscow on April 3, 2019.

A Russian military helicopter Mi-26T2V flies during an exhibition flight at the Mil Moscow Helicopter plant outside Moscow on April 3, 2019. Unable to find buyers for its products, Russia's defense industry is staring at a bleak future.

(YURI KADOBNOV/AFP/Getty Images)

Russia's defense industry is face to face with a major foe, but it's not a foreign military power. The great power has been striving to modernize all branches of its military, but the country's defense industry is struggling due to decreasing volumes of orders, difficulties in attracting high-skilled talent and...

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