Friday, March 18, 2011

Russia Commits To A $700 Billion Massive Arms Buildup

Russian President Dmitry Medvedev watching the final stage of the specialized military exercise Interaction 2009 of the Collective Security Treaty Organization (CSTO) Collective Rapid Deployment Forces. Visualrian

Russia To Spend $700 Bln On New Weapons -- ABC News

Medvedev says Russia to spend $700 bln on new weapons, warns arms makers against hiking prices.

The nation's top weapons manufacturers were forced to launch their own production of components, limiting their efficiency. They also have continued to rely on obsolete equipment and aging workforce, which limited their ability to design new weapons

Corruption also has been named as a key factor that slows down military modernization.

Read more ....

More News On Russia's Arms Buildup

Pres: Govt to spend 20 tln rbl on arms modernization until 2020 -- Prime Tass
Russia to spend $700 bln on new weapons -- Yahoo News/AP
Medvedev says Russia to spend $700 bln on new weapons, warns arms makers against hiking prices -- Washington Post
Russia to Allocate 20 Trillion Rubles for Defense Modernization -- CRIEnglish
Russia to develop new ballistic missile system by 2013 -- RIA Novosti
Russia set to continue tests of Bulava missile in June -- RIA Novosti
Russian military to buy 36 ICBMs, 2 missile subs in 2011 -- RIA Novosti
Medvedev Says Russia to Triple Military Salaries Next Year -- Bloomberg
Russia's new secret weapon... inflatable tanks -- AFP
Warship deal with Russia losing support in France - paper -- RIA Novosti
Russia, France struggle over Mistral contract -- RIA Novosti

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