The Russian Navy will receive ten nuclear Yasen Class submarines over the next nine years under the state arms programme.
The 119m submarine can be equipped with supersonic high-speed missiles and torpedoes, and is capable of hitting the submarines below the surface and weapons on the surface.
The Yasen Class submarine can achieve speeds of 31kt and has a cruising capacity of 100 days.
Center for Analysis of Strategy and Technology research associate Andrey Frolov said the submarine was multifunctional and could be used to attack carrier forces.
"In Soviet times, they had to use two different types of submarines, but Yasen is uniting them," RT quotes Frolov as saying.
The Russian Navy plans to commission the first Yasen Class vessel by the end of 2011.