Posted on 07/25/2014 6:46:05 AM PDT by sukhoi-30mki
(Reuters) - An Italian-Russian project to build a new generation small submarine has been suspended because of the "political situation" following Western sanctions on Russia over the Ukraine crisis, Itar-Tass news agency said on Friday.
The decade-old deal between Russian company Rubin and Italian shipmaker Fincantieri to build a 1,000-ton diesel submarine, the S-1000, is part of President Vladimir Putin's plans to revamp Russia's fighting force.
"To our regret, due to the well-known political situation this project has been suspended," Itar-Tass quoted Igor Vilnit, the head of Rubin's Central Design Bureau for Marine Engineering, as saying.
Rubin declined immediate comment to Reuters.
The latest round of U.S. sanctions targeted Russian arms producers, including some of the most iconic names in Soviet and Russian weaponry.
(Excerpt) Read more at reuters.com ...
Does vodka and wine mix very well?
Pasta and borscht?
Cabbage and linguini?
Just a thought...
It’s a start —
Guess the Italians didn’t have the chance to put the screen doors on the submarines, yet.
The official unemployment rate in Italy is currently 12.6%, I wonder how many jobs will be lost as a result of this decision.
Fincantieri did build the German Type 212 submarines for Italian Navy. I guess it was all about spying...
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