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Going Navy (Russian Style)...
Posted: Sat Apr 09, 2011 9:45 pm
by chrismb
Incidentally: To counter the other post here about the DOD dropping $2 billion, an article in a recent trade (Royal Aeronautical Society) magazine says that the Russian military are changing their budgets, too.
A cut?... Nope.. a budget increase!!
10% increase... Nope..
50% increase... Nope...
100%!!!.... Nope
...
Russia is, apparently, trebling its budget and has a $650 billion rearmament package to complete by 2020 including 20 new submarines (8 nuclear) and a few hundred new aircraft.
Comments/observations anyone!?...
Posted: Sun Apr 10, 2011 3:05 am
by ladajo
I don't think they can afford it.
Posted: Sun Apr 10, 2011 6:53 am
by chrismb
I guess it's true we don't know if that is just an aspirational claim/politiking. But they've been selling a lot of well-priced oil recently!
I'd say; all we know for sure is that the US and UK can't afford it!!
Posted: Sun Apr 10, 2011 7:15 am
by Giorgio
Right now the only nation in the world that can afford an investment plan like that one is China.
Re: Going Navy (Russian Style)...
Posted: Sun Apr 10, 2011 3:11 pm
by Diogenes
chrismb wrote:Incidentally: To counter the other post here about the DOD dropping $2 billion, an article in a recent trade (Royal Aeronautical Society) magazine says that the Russian military are changing their budgets, too.
A cut?... Nope.. a budget increase!!
10% increase... Nope..
50% increase... Nope...
100%!!!.... Nope
...
Russia is, apparently, trebling its budget and has a $650 billion rearmament package to complete by 2020 including 20 new submarines (8 nuclear) and a few hundred new aircraft.
Comments/observations anyone!?...
Yeah, they went capitalist while we're going socialist!
Well Played my Russian friends!
Posted: Sun Apr 10, 2011 10:02 pm
by D Tibbets
650 billion (dollers?) over ten years would only be 65 billion per year. Significant, but not huge. Assuming the same bang for the buck, I suspect the US and Chinese procurement budgets exceed this.
Also, I don't know how much they still have to make up after the near collapse of their navy, and to a lesser extent their air force in the 1990's.
As far as available money, their petroleum exports would probably handle 65 billion per year. Add to that the possible export profits from these weapon systems and the costs would be less.
Dan Tibbets