My initial impression would be no, it doesn't. But we can't actually tell which is a better military, for a start how are we defining 'better' in this context?
In a foreign policy sense Russia doesn't need a better army. Its foreign policy is only superficially about its own army, but in reality Russia seems determined to seek security. Security is what is key to Russia considering the devastation it suffered in World War 2, and their answer is to surround itself with allies, such as the Warsaw Pact of the Cold War or friendly countries such as Belarus and the Ukrainian separatist state which exist today.