Tuesday, December 23, 2008

Major Expenditures For Russia's Military Approved

Russia, Spurred By Georgia War, Plans Arms Upgrade
-- Reuters

MOSCOW (Reuters) - Russia plans a massive increase in its weapons procurement for three years beginning in 2009, with 300 tanks, 14 warships and almost 50 airplanes on the shopping list, a senior government official said on Monday.

Vladislav Putilin, deputy head of the military-industrial commission, told journalists after a cabinet meeting the government planned to allocate 4 trillion roubles ($141.5 billion)in 2009-11 to bankroll equipment purchases to modernize its army.

He gave no comparative figure for previous years, but said the government "had been given the powers ... to redistribute expenditure (on other items) within the budget" to upgrade the armed forces.

Read more ....

More News On Russia's Military

Russia to allocate $35.3 billion for arms production in 2009-11 -- RIA Novosti
Russia plans arms upgrade -- Radio New Zealand
Russia to get 70 nuclear missiles in 3 years -- AP
Russia Orders 70 Nuclear Missiles by 2011: Report -- Defense News
Russian military to commission new missile -- MSNBC
Russian Military Chief Defends Nonstrategic Nukes -- Global Security Newswire
Russia Says It May Buy Remotely Piloted Spy Planes From Israel -- New York Times

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