Presently there are two programs on the development of defense industry in Armenia, Defense Minister Seyran Ohanyan stated at the August 10 sitting of the defense ministry board. 

He noted that the programs should be submitted to the President by this September and implemented by 2015.

According to him, the programs are undergoing financial assessment. Presently the general staff is specifying the list of military equipment that is to be modernized or imported. 

The Defense Minister also stated that preference should be given to military equipment produced in Armenia.