Wednesday, October 13, 2010

Russia Reveals Details Of Its Defense Budget






Russia Reveals Detailed Data On Defense Spending Until 2013 -- RIA Novosti

Russia has made public for the first time in many years a detailed account of its defense spending until 2013, the Vedomosti daily said on Tuesday.

State Duma Defense Committee head Viktor Zavarzin said last week that the country's defense spending, including R&D, would total 487 billion rubles ($16.3 bln) in 2010, 574 bln ($19.2 bln) in 2011, 726 bln ($24.3 bln) in 2012, and 1.16 trillion ($38.8 bln) in 2013.

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Update #1: Russia Releases Details on Defense Spending through 2013 -- Defpro
Update #2: Russia discloses defense spendings first time since 2005 -- Xinhuanet
Update #3: Russia announced the amount of Defense spending for airplanes, submarines and missiles until 2013 -- Avionews

My Comment: Bottom line .... they are spending and spending and spending.

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