News / Europe

Russia to Spend $730 Billion on New Weapons

Multimedia

TEXT SIZE - +
Anya Ardayeva

Russian Prime Minister Vladimir Putin has announced his government plans to spend hundreds of billions of dollars on weapons modernization by 2020. In his address to parliament earlier this year, Putin said Russia must be strong enough to fend off any threats from abroad, so missile production will double starting in 2013.  Analysts in Moscow say this ambitious plan is intended mainly to preserve the government's domestic and regional influence.

Upgrade

Russia plans to spend $730 billion by 2020 to upgrade and re-arm its military.  That's nearly $20 million a day.  

The new state arms procurement program includes purchases of eight missile-carrying strategic submarines equipped with Bulava ballistic missiles.  Plus 600 aircraft and S-400 and S-500 air defense systems.  The arms purchases, both at home and abroad, would allow Russia to raise the proportion of modern weaponry in its arsenal to 70 percent by 2020.

Independent military analyst Pavel Felgenhauer says upgrading the strategic nuclear forces is at the top of the list, but the rest of the military needs a boost as well.

"Then there's of course the air force, the air defense system, the army - actually, everything needs re-arming because right now they say that [only] 10-15 percent of our weaponry is modern," Felgenhauer noted.

Budget increase

As Russia exports weapons worth billions of dollars abroad, the country's armed forces are mostly equipped with outdated Soviet-era weaponry.  In the last 10 years the government has increased the defense budget tenfold, says Felgenhauer, but still failed to bring the military up to date.  

"Now the present defense minister says that there was massive misappropriation of funds," Felgenhauer added.  "The Russian defense industry, which is also downgraded, and its capabilities are much smaller than in Soviet times, responded to more funding by just raising prices.  They are producing the same several fighters or missiles, but for a much bigger price."

Foreign threats

Prime Minister Putin says it is necessary to spend billions on re-arming the military due to the need to fend off foreign threats.  But while that will demonstrate Russia's military might, analysts say the main goal really is to create more business for the country's military-defense complex ahead of next year's presidential and parliamentary elections.

"Russia has inherited a large military-industrial potential and unfortunately, no real conversion from the military production to the civil production has occurred," noted Yevgeny Volk, a political analyst Yeltsin Foundation in Moscow.  "So [the military spending plan is necessary] in order to provide more working places, more jobs, more people involved in this production who are really the electorate for Mr. Putin pending the parliamentary and presidential elections in Russia."

The new proposed arms import plan is expected to come in two stages.  In the first, Russia would purchase equipment and licenses, and in the second, it would set up joint ventures with Western arms providers, and begin production of Western-designed weapons systems inside the country.  In post-Soviet Russia, analysts say, "military" mostly means "business" - no matter what ideological wrapping it has.

You May Like

Analysts Warn of Regional Proxy Conflict in Afghanistan

Analysts warn if Kabul’s neighbors do not start to cooperate, competing desires for influence could deteriorate into a bloody proxy war in the country More

Saudi Intelligence Chief Replaced

Bandar bin Sultan came under criticism for supporting al Qaida, prompting King Abdallah to wrest Syria operations away from him in February, handing them to Interior Minister Prince Mohammed bin Nayef More

Poetry Magazine editor Don Share talks what makes a good poem with VOA's David Byrd

What makes a good poem? And is poetry as viable an art form as it once was? To find out, VOA's David Byrd spoke to Don Share, the editor of Poetry Magazine. More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid