. Military Space News .
Venezuela To Spend One Billion Dollar Russian Loan On Air Defense

Igla-S portable SAM system.
by Staff Writers
Moscow (RIA Novosti) Oct 02, 2008
Venezuela plans to use most of the $1 bln loan granted by Russia to buy air-defense systems, a Russian military analyst has said. Russia announced the loan offer earlier on Friday, during a visit by Venezuelan President Hugo Chavez.

"Venezuela needs primarily Tor-M1 surface to air systems to protect the airfields where the 24 Su-30 MK2 jet fighters it bought from Russia are based," said Konstantin Makiyenko, deputy director of the Center for Strategic Analysis, a Moscow based think tank.

"Twenty Tor-M1 complexes will cost $600 mln, and the portable SAM systems approximately $70-80 mln," he said.

Caracas is likely to buy Igla-S portable SAM systems, and will also want Il-78 aerial tankers and Il-76 military freight aircraft. The tankers and freight planes for the Venezuelan Air Force will cost around $300 mln, Makiyenko said.

Between 2005 and 2007 Russia signed 12 contracts worth more than $4.4 billion to supply arms to Venezuela, including fighter jets, helicopters and Kalashnikov assault rifles.

Russian aircraft leasing company Ilyushin Finance said on Friday it would deliver several passenger planes to Venezuela. The deal was reached earlier this month during a visit to Venezuela by a Russian delegation led by Deputy Prime Minister Igor Sechin, the company said in a press release. The contracts could be signed before the end of this year.

Source: RIA Novosti

Community
Email This Article
Comment On This Article

Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Learn about missile defense at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


US operates anti-missile radar in Israel: report
Jerusalem (AFP) Sept 28, 2008
The United States has recently deployed an anti-missile radar in Israel that is mainly to warn of incoming Iranian ballistic missiles, Israeli state radio reported Sunday.







  • France welcomes EU military progress but coy about NATO future
  • Gates warns of the limits of US military power
  • New European system must ensure security for all: Russian FM
  • Outside View: Russia's Caribbean fleet

  • Syria, Afghanistan battle for seat on IAEA board
  • Outside View: Russia, Cuba team up again
  • US envoy in NKorea on mission to save nuclear pact
  • Activity spotted at NKorea nuclear test site: report

  • Russia, India To Develop New BrahMos Cruise Missile
  • LockMart's JASSM Successful In Latest Flight Test
  • Raytheon AIM-9X Block II Missile Completes First Captive Carry Flight
  • LockMart Wins Contract For Joint Air-To-Ground Missile Program

  • Venezuela To Spend One Billion Dollar Russian Loan On Air Defense
  • US operates anti-missile radar in Israel: report
  • Russian agents seek to influence Czechs on US radar: intel report
  • Russia may sell S-300s to Iran

  • Researchers Scientists Perform High Altitude Experiments
  • Airbus expecting 'large' China order by early 2009: CEO
  • Airbus globalises production with China plant
  • Safer Skies For The Flying Public

  • AAI And Aeronautics Defense Systems Team To Provide Orbiter UAV
  • Joint Unmanned Aircraft System Mission Crosses Atlantic
  • Iraq takes delivery of US spy planes
  • Suspected US drone crashes in Pakistan: official

  • Pentagon announces troop rotations to reduce Iraq forces
  • Iraqi president warns against delay in US deal
  • Iraq, US close to deal on future of US troops
  • Feature: AQI feels the heat

  • US Army Facing Cost Crunch Part Three
  • New Green Warriors To Clean Up The Enemy
  • India, Russia To Develop Two Versions Of 5th-Generation Fighter
  • Israel army buys self-destruct cluster bombs: radio

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement