Russia to increase military budget by 50%
Russia has been responding energetically to what it sees as expansionist moves by NATO. The new defense budget would include aggressive spending on cruise missile and attack submarines, and also emphasis on air superiority fighters. There are reports that Moscow is also planning to build eight highly-advanced Borey ballistic missile submarines.
Moscow has significantly increased operations beyond its borders that were nearly entirely retired after the fall of the Soviet Union.
Voice of America
Russia plans to boost military spending
Washington Times - 57 minutes ago
MOSCOW | Russia, flush with wealth from its record-level oil and gas exports, is planning to further boost its defense spending by almost 50 percent over the next three years, a senior legislator in Moscow said last week.
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