Russia set for €10bn overseas arms spree
Published 16/06/2010 | 05:00
Russia is to embark on a massive overseas arms shopping spree, spending billions on state-of-the art military hardware, it has been claimed.
The forecast, made in a report from an influential think-tank close to the Russian defence ministry, came as Russian President Dmitry Medvedev launched what the Kremlin said was the world's quietest attack submarine.
"Most great powers heavily invest in the newest offensive and defensive systems," he said at a shipyard ceremony in northern Russia. We should do the same."
The report came from the Centre for Analysis of Strategies and Technologies. (©Daily Telegraph, London)