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Russia Confirms Increase of Artillery Shell Production by 150% in Past Year

Russian Defense Minister Sergey Shoigu said Thursday that Russia’s production of artillery shells has increased by nearly 2.5 times over the past year as Moscow is significantly out-producing the West.

Shoigu also said that Russia was producing components for artillery at a rate of 22 times what it could make last year. “Speaking about manufacturing of artillery munitions, the volume of production of components to such ammunition was increased by almost 22 times,” he said.

Shoigu’s comments came after CNN reported that Russia was producing nearly three times as many artillery shells than the US and Europe combined.

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Zero Hedges

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