Nine military industrial companies will be created within the framework of military cooperation between Armenia and Russia, the part of which will involve large financial industrial holdings specializing in this field. It will significantly open up opportunities of the existing Armenian companies and will serve as a solid basis for further development in this direction, Arthur Baghdasaryan, Secretary of the Armenian National Security Council, said at today’s press conference. 

“This program is also socially useful as it will create new jobs in the country,” he added.