Following the dissolution of the Soviet Union in the 1990s, the Russian Navy struggled to adjust Cold War force structures while suffering severely with insufficient maintenance and a lack of funding. However, improvements in the Russian economy over the last decade have seen a significant rise in defence expenditure and an increase in the numbers of ships under construction with a focus on blue-water vessels.
An extensive rearmament program is being implemented since 2011, with the Russian Defence Ministry expected to procure 100 warships by 2020. The purchase of 20 submarines, 35 corvettes and 15 frigates is planned. The nature of the other 30 ships is as yet unknown. The Black Sea Fleet will receive 18 new surface ships and submarines, including Kilo-class submarines, Admiral Gorshkov-class frigates, and Ivan Gren-class landing ships. There are also plans to lay down Project 21631 small missile boats and Steregushchiy class corvettes. This state arms program also provides funds for the purchase of two Mistral class assault ships. Furthermore, older vessels such as the Kirov class battlecruisers reportedly will also undergo overhauls and modernisation to bring them back into active service after spending over a decade laid up in reserve.
In early 2013 it was reported that the navy is expected to receive 54 new warships of various classes and 24 submarines by 2020.
In 2005, it was announced that the Russian Navy was planning a class of two to four new aircraft carriers, the production of which could start in 2013–14 for initial service entry in 2017. Jane's said it was not clear whether "this was a funded programme". In mid-2007, the new Navy chief announced plans to reform the country's naval forces and build a blue-water navy with the world's second largest fleet of aircraft carriers, aiming to create 6 aircraft carrier strike groups in the next 20 years.