stimulus the Russian way...Moscow, Russian Federation (AHN) - Russian Prime Minister Vladimir Putin has disclosed that the Russian Armed Forces will receive more than 1,300 types of weaponry by 2020.
The weapons will be acquired as part of a draft arms procurement program. “We will need to set up new or expand the existing production lines to manufacture 220 of the new types of weaponry,” Putin said.
His comments came during a meeting on the program, which is likely to be adopted by the end of this year.
The most influential politician of the country further said that Moscow would earmark $640.7 billion for weapons procurement.
This amount is three times more than what has been allocated for the ongoing 2007-2015 program.
The latest program will allow Russia to upgrade nearly 11 percent of military equipment per year.
Russia will also be able to increase its modern weaponry share to 70 percent by 2020. Putin allocated a budget of $150.7 billion for the modernization of the Russian Navy.
“We now have more money and there are possibilities to expedite the construction [of submarines],” Putin said, who later visited the under-constructed Alexander Nevsky nuclear submarine at the Sevmash shipyard in northern Russian town of Severodvinsk.
They know they have a fight coming against Islam.
Does this mean the Generals won’t be riding the bus anymore?
stimulus the Russian way...This is directed at the United States.... And the buildup is happening far faster than they are listing here.
He doesn’t love to saves the money?