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Russia to Up Nuclear Weapons Spending 50% by 2016

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Russia to Up Nuclear Weapons Spending 50% by 2016

Russia is to increase annual spending on nuclear weapons by more than 50 percent in the next three years, a parliamentary defense committee said Tuesday.

In 2016, 46.26 billion rubles ($1.4 billion) is to be spent on Russia’s nuclear weapons systems, up from 29.29 billion rubles this year, according to the State Duma Defense Committee’s report on the draft federal budget for 2014-2016.

The draft federal budget provides for a 60 percent increase in overall national defense spending by 2016, according to the report, rising from 2.1 trillion rubles this year to 3.38 trillion rubles in 2016.

Russia is currently in the midst of its biggest rearmament drive for a generation, part of a massive overhaul of the forces including a move toward all-professional services.

New nuclear weapons systems entering service include the navy’s Bulava submarine-launched ballistic missile, the Kh-102 long-range cruise missile for the air force and new land-based intercontinental ballistic missiles for the Strategic Missile Forces (RVSN).

Russia to Up Nuclear Weapons Spending 50% by 2016 | Defense | RIA Novosti
 

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