Dmitry Gorenburg in a policy memo for PONARS Eurasia:
By the end of 2017, Russian President Vladimir Putin will approve Russia’s State Armament Program for 2018-2027. […] Based on these plans, Russia seems primed to stay ahead of its competitors in some capabilities (anti-ship missiles, electronic warfare, air defenses), narrow the gap in areas such as drones and precision-guided munitions, and continue to lag well behind in a few areas such as surface ships and automated control systems.
Also interesting that Russia seems to boost investments in the army, whereas the navy looks like the big loser.
Overall, Russia transitions from a period of intense catch-up across the board to a more regular procurement schedule with fairly stable and sustainable budgets.