That approach includes inventing aircraft and their abilities so the West will spend billions in countering them.
The reality is that Russia has a defense spend that a bit less than UK and France combined. The demands of its large territory complely overwhelm it.
Given its military starting point (lets call it a country stuck at 1975) of almost nothing, hugh infrastructure costs and collapsing demographics, I'm more inclined to laugh at the ridiculous claims coming from Russia, than be scared.
They don't have the people or money to do 90% of their projects. Potemkin village comes to mind...