Wednesday, June 16, 2010

Russia Now On An Arms Shopping Spree

Russian President Dmitry Medvedev launches what the Kremlin says is the world's quietest attack submarine Photo: REUTERS

Russia 'To Embark On £8 Billion Arms Shopping Spree' -- The Telegraph

Russia is to embark on the biggest overseas arms shopping spree in its modern history with up to £8 billion earmarked for state-of-the art foreign military hardware, it has been claimed.

The forecast, made in a report from an influential military think tank close to the Russian Defence Ministry, came as Russian President Dmitry Medvedev launched what the Kremlin said was the world's quietest attack submarine.

"Most great powers heavily invest in the newest offensive and defensive systems," he said at a shipyard ceremony in northern Russia on Tuesday. "We should do the same."

Read more ....

My Comment: I did a similar post last week .... Russia has both the need and the monies to purchase these big ticket items .... purchases that will probably dwarf the £8 billion that they are going to spend. I am also sure that some U.S. weapons manufacturers want some of that business .... but will the U.S. Government let them?

No comments: