Moscow Spending Over $720B On New Military Aircraft

0 Posted by - August 13, 2012 - Economics, Foreign Affairs, Military

group serviceman range air.n 300x224 Moscow Spending Over $720B On New Military AircraftRussia’s air force will get 1,600 new warplanes and choppers by 2020, announced President Vladimir Putin. The program will cost Moscow some US $723 billion.

“We are talking primarily about providing our forces with state-of-the-art modern technology,” Putin said at an air show in the Moscow Region ahead of the 100th anniversary of the country’s air force. “Over 600 new warplanes and 1,000 helicopters will come into service by 2020 – not mentioning the upgrade to already existing systems.”

Putin thanked industry workers and officers for helping the aviation “endure the difficult times of the 1990’s and early 2000’s.” He also added that the role of a strengthened air force in Russia’s armed forces will be increasing.

CONTINUED at RT.

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