Russia Grounds Ambitions: Massive Cuts to Aviation, Shipbuilding Budgets

George Mihalcea

Moscow plans to cut funding for its federal aircraft and helicopter production program by 1.6 times in 2026, from 139.6 billion rubles ($1.7 billion) to 85.7 billion rubles ($1 billion), according to Russian media , citing a draft of the new federal budget for 2026-2028. The budget proposal shows that spending will continue to decline in 2027, dropping 21% from previously planned levels – from 109.7 billion rubles ($1.3 billion) to 86.9 billion rubles ($1 billion). A slight increase is

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