Putin says the move is a response to a U.S. proposal to increase its military presence in Eastern Europe.
The "Ratnik-2" suits come on the heels of the unveiling of the new Armata T-14 tank and a "microwave gun" that can disable enemy drones and warheads.
The deal comes just months after Russia purportedly reached a similar collaborative agreement with Iran.
Later this week, officials will offer a private demonstration of the "microwave gun" that reportedly can disable drones and warheads.
Finland President Sauli Niinisto was reportedly "indignant" when asked about criticism of his ties to Russia amid the Kremlin's recent aggression.
The comments by the U.S. envoy to the United Nations are considered to be one of Washington’s toughest rebukes to Moscow in recent times.
The exercise will take place in August in the Sea of Japan, a move that is likely to add to the already fragile state in the region.
The diplomatic tone of Francis' entreaties will not be likely to please observers hoping for a more forceful stance from the Vatican.
Pope Francis was the second world leader Putin kept waiting for an hour on Wednesday.
Russia and Egypt's joint naval drills in the Mediterranean underscore the countries' cooling relations with the United States.
The Russian military planes had approached the Baltic airspace without sharing a flight plan.
Two Russian jets were filmed flying over the a NATO maritime operation in the Baltic Sea on Monday.
Leaders of the breakaway regions of eastern Ukraine now say they could be content with special autonomous status.
Putin may want again to declare the meeting as a success, but the pope might not lend as sympathetic an ear as the Russian president hopes.
Candidates before him, like Chris Christie and Mitt Romney, have found foreign trips dangerous territory — full of mishaps and political blunders.
After Sunday's poll, Turkey could have a minority government, a coalition, or new elections — and the lira is falling.
The U.S. is still hammering out a strategy to combat ISIS, President Barack Obama said during a news conference Monday from the G-7 summit in Germany.
Presidents Obama and Hollande met on the sidelines of the ongoing G-7 summit in Germany, and discussed other issues, including climate change and terrorism.
The increased intrusion of the U.S. airspace by Russian bombers is considered by many as Moscow’s strategy to warn the U.S. to keep away from the Ukrainian conflict.
"It’s our view that those sanctions should remain in place until we start to see Russia live up to their commitments."
U.S. President Barack Obama faces a Germany roiled by allegations of American spying, and other European partners whose commitment to extending sanctions is uncertain.
The Russian leader would prefer that both regions remain part of Ukraine rather than join Russia.