David Cameron and George Osborne will be persuaded to part with the cash to buy a fleet of jets to hunt Vladimir Putin's nuclear submarines, which have regularly been patrolling the coast of Britain in recent months.
Often the Russian underwater vessels have only been discovered after colliding with private boats and now Government ministers are eager to plug the gap in defences with aircraft to track them.
Around a dozen top of the range planes will be bought for the RAF over the next two years.
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