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!?...
Going Navy (Russian Style)...
Re: Going Navy (Russian Style)...
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!
‘What all the wise men promised has not happened, and what all the damned fools said would happen has come to pass.’
— Lord Melbourne —
— Lord Melbourne —
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
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
To error is human... and I'm very human.