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Russia in counter-trend: defense expense will increase by 60% in 2013

Moscow, Russia - Will rise to over 66.3 million US dollars by 2013, from 42 million in 2010

Differently from reductions in defense budget by US (- $ 100 billion), United Kingdom (- 20%) and Italy (cutting the purchase of 25 Eurofighter aircraft), Russia takes the opposite direction. The Russian government has decided to increase defense expense: the largest growth sector investment is planned for 2013, when the figure will increase by half a billion rubles (16.6 million Dollars). Russian...

AVIONEWS - World Aeronautical Press Agency - 1119684

AVIONEWS - World Aeronautical Press Agency
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