"By 2020, 95 percent of key components of our [military] technology will be domestically produced," Alexander Yakunin said.
The executive noted that in 2011-2012, Russia's dependence on foreign components was estimated at 80-85 percent. However, currently all strategic level technology is Russian, he said.
The line of microprocessors, jointly developed by the UIC and Russian T-Platforms Company, will become one of the "real breakthrough" achievements in electronics import substitution in 2015, according to Yakunin.
Following Crimea’s reunification with Russia in March, the West introduced several rounds of sanctions against Moscow, aimed at weakening Russia’s economy and specifically its defense industry. Moscow began to focus on eliminating dependency on military imports, and this has given a number of Russian industries the incentive to work on import substitution in many sectors of the economy.
In July, Russian President Vladimir Putin stated that Russia's defense industry would benefit from the sanctions, as the country would have no option but to develop its own production.