Report: Russia Plans to Spend $613 Billion on Arms

09-22-2010, 03:27 AM

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Report: Russia Plans to Spend $613 Billion on Arms

MOSCOW - Russia plans to spend 19 trillion rubles ($613 billion) to purchase new weapons over the next decade as it seeks to modernize its Soviet-era Army, Defence Minister Anatoly Serdyukov said in an interview released on Sept. 21.

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