World

Putin revamps government body supervising Russia's defense industry

Jun 12, 2024

Moscow [Russia], June 12: Russian President Vladimir Putin signed a presidential decree on Tuesday to update the composition of the Military-Industrial Commission and its board by appointing new members including Defense Minister Andrei Belousov.
The commission is a government body responsible for supervising Russia's defense industry. The newly appointed members also include Anton Alikhanov, minister of Industry and Trade, and Alexey Dyumin, a presidential aide.
The positions of Denis Manturov, first deputy Prime Minister, Maxim Oreshkin, deputy chief of staff of the Presidential Executive Office, and Sergei Shoigu, secretary of Security Council, have been updated to reflect their current roles.
Nikolai Patrushev, previously the secretary of the Security Council and now an assistant to Putin, has been removed from the commission.
Additionally, the commission board has been refreshed to incorporate chief designers and leaders of several enterprises, indicating a strategic emphasis on innovation and leadership within the defense sector.
Chaired by Putin, the Military-Industrial Commission was formed to implement state policy in the field of the military-industrial complex, and military-technical support for the country's defense, state security and law enforcement.
Source: Xinhua

More news

H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

New Delhi [India], June 7: H.M. Electro Mech Limited, engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance has reported net profit of Rs. 8.35 crore for the financial year ended March 2025, rise of 4.25% as compared to the net profit of Rs. 8.01 crore reported in the financial year 2023-24. Revenue from operations of the company for the FY25 was reported at Rs. 121.67 crore, rise of 3.96% Y-o-Y as compared to the revenue from operations of Rs. 117.03 crore.

Jun 07, 2025