Russian MIC innovations (from the USSR days) was largely driven by Ukrainians, but that's neither here nor there.
What Russia has are deep stores. They cannot produce new aircraft without importing parts from the west. Not fixed or rotary. They are ramping up production of missiles, but so is Ukraine.
Russia cannot even produce ball bearings. They aren't producing new APCs, BMPs or MBTs. They are importing ammo from North Korea ffs. And seeing how badly their equipment has performed, I expect to see their weapons exports collapse. Their vaunted "Armata" turned out to completely suck.
As for the economy, it is being artificially propped up by depleting foreign reserves. They are currently over-borrowing yuan to attempt to correct. And you really have to be a complete idiot to believe any official Russian data.
Russia is holding on for dear life in the hope that Trump wins the elections.
It's almost like we live on different planets.
Hah yeah you're right, the only truth comes from the Kremlin.