Russian CEO who oversees the Kremlin's military–industrial complex says the S-500 'will enter service very soon'

Russian CEO who oversees Kremlin's defense industry says S-500 'will enter service very soon'

"These are more updated systems. I'd prefer not to tell about them now, they are not yet operational. I think they will enter service very soon," Chemezov said.

Earlier in the week, Russian Deputy Prime Minister Yuri Borisov said the S-500 would be delivered to troops earlier than initially planned. He cited a series of successful tests as the reason for the updated timetable.with the S-500, according to sources with direct knowledge of U.S. intelligence reports.

The S-500 successfully struck a target 299 miles away, which the U.S. assessed is 50 miles further than any known test, said the sources, who spoke to CNBC on the condition of anonymity.

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