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Wednesday, March 31, 2010

Russia pushes for Gulf naval sales

Kilo class submarineRussia's arms industry is pushing hard for a major breakthrough into the lucrative Gulf market at the Doha International Maritime Defense Exhibition in Qatar, the only navy-oriented defense showcase in the Middle East.

Qatar's Peninsula newspaper reported that defense analysts are "saying that market demand for maritime defense in the region is expected to reach more than $30 billion in the next 20 years."

Saudi Arabia is looking for new frigates but it has been buying them from France for decades and is likely to do so again. Like the United Arab Emirates, it has been building up its naval forces over the last two decades from a coastal defense force to one with blue-water capabilities and reach.

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