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Friday, December 12, 2014

Russia's Military Expansion 'Bigger' in 2015 But Still Lags Behind US and China

Ivan Gren assault shipDespite the Russian economy's looming recession in 2015, Moscow plans to increase the country's military spending to a record-breaking US$62 billion or 3.3 trillion rubles since the post-Soviet era.

Russia's military is expected be bigger and stronger in 2015 with cash ready to buy more submarines, aircraft, missiles and artillery for its armed forces.

Russia will design and manufacture a fleet of its own universal amphibious assault helicopter carriers as part of its long-term naval programme of shipbuilding through 2050, according to a high-ranking official in Russia's defence sector in a TASS report.

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