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Russia launches $600 bn defence spending drive: official

by Staff Writers
Moscow (AFP) Feb 24, 2011
Russia will spend $600 billion in a massive new military procurement drive through 2020, equipping its forces with eight nuclear submarines and hundreds of new warplanes, a top official said Thursday.

The spending plan envisages Russia returning its focus to the navy, equipping its new nuclear submarines with Bulava ballistic missiles that have been under development since the late 1990s, Deputy Defence Minister Vladimir Popovkin was quoted as saying.

"The main task is the modernisation of our armed forces. Nineteen trillion rubles ($600 billion) will be allocated for this," Russian news agencies quoted him as saying.

The procurement drive, which has been repeatedly flagged by the Kremlin, is a key element of landmark military reforms which aims to revamp the armed forces' Soviet-era structures to cope with the demands of modern warfare.



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Buenos Aires (AFP) Feb 20, 2011
Argentina is suspending its participation in foreign military training in the wake of a diplomatic row over its seizure of materials from a US military plane, a top official said Sunday. Argentine Security Minister Nilda Garre told the Pagina12 newspaper that the government would not approve commissions abroad through 2011 that included "courses or seminars in which the instructors are milit ... read more







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