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Tuesday, December 14, 2010

Russian military to receive 1,300 types of weaponry by 2020

Project 955 Borey nuclear-powered strategic submarineThe Russian Armed Forces will receive over 1,300 types of weaponry in line with a draft arms procurement program until 2020, Prime Minister Vladimir Putin said on Monday.

"We will need to set up new or expand the existing production lines to manufacture 220 of the new types of weaponry," Putin told a meeting on the program, which is expected to be adopted by the yearend.

More than 20 trillion rubles ($640.7 billion) will be earmarked for weapons procurement, three times more than is allocated in the existing 2007-2015 program, he added.

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