Mr Putin said Russian Federation has spent enough over the last few years on new weapons to avoid excessive pressure on the economy in the future and so he could now reduce defence spending.
With ballots from 80 percent of Russia's precincts counted by early Monday, Putin had amassed 76 percent of the vote. The other candidates with the highest number of votes, the Communist Party's Pavel Grudinin and nationalist Vladimir Zhirinovsky, were reported to have received only 12% and 6% respectively.
That included heavy pressure on Russian voters to fulfil their "civic duty" and vote Sunday in order to maximize the turnout - even though most could accurately tell you who was going to win the presidential race beforehand.
Global leaders were slow to congratulate the Russian president after a Sunday election that saw him take nearly 77 percent of the vote, as monitors reported ballot stuffing and other alleged cases of fraud.
"Please watch this video and then go to hell", Navalny wrote on Telegram in response to the criticism, attaching a compilation of Sobchak's televised appearances in which she says that Russia's liberals must admit that they are in the minority and must accept Putin's victory. He was already the country's longest serving leader since Joseph Stalin, dictator of his time.
Putin was expected to address a crowd of a few thousand supporters on Sunday night braving subzero temperatures on Manezhnaya Square, right next to the Kremlin in downtown Moscow.
"We prevented DDOS attacks between 23:00 GMT and 02:00 GMT, coming from 15 countries", Ella Pamfilova, head of the Russian Central Election Commission, said.
Two senior officials from the Philippine Commission on Elections were among foreign delegations invited to observe the polls.
At home, Mr Putin will be faced with how to groom a successor or devise a strategy to circumvent term limits, how to drive diversification in an economy still highly dependent on oil and gas and how to improve medical care and social services in Russian regions far removed from the cosmopolitan glitter of Moscow.
The election exercise was a huge logistical undertaking, taking place across Russia's 11 time zones over 22 hours in approximately 98,000 polling stations.
Observers reported widespread ballot stuffing and unprecedented pressure on Russians to vote, but that is unlikely to seriously damage Putin given his popularity and his tight control over Russian politics.
In his first public comments on the poisoning, Putin on Sunday referred to the allegations against Russian Federation as "nonsense".
In an effort to boost voter turnout, a variety of enticements were offered at some polling stations, including prizes for those who wore the best costumes, cancer screening and discounted food items.
"We will work to cultivate the relationship with Russian Federation and we will impose costs when Russian Federation threatens our interests, but we will also look for places to work together when it serves our interests", Gidley said.
Just weeks before the election, he announced that Russian Federation has developed advanced nuclear weapons capable of evading missile defences.
Mr Putin's campaign team said it was an "incredible victory".
Russia's constitution would bar Putin from running again in 2024.
Among those unabashedly singing Putin's praises was the chief editor of one of Russia's most prominent news organizations: RT. "And we will not allow him to be changed".
The real question was not whether Putin would win, but how high the voter turnout would be.
"Falsifications, eliminations of political opponents, Kremlin-controlled media leave no chance to anybody except Putin", Pussy Riot alleged in a statement released alongside the three-minute-long track.