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Home Defence & Military News Defense Geopolitics News

Minister Pledges $5.8 Billion on Arms Spending

by Editor
January 18, 2006
in Defense Geopolitics News
1 min read
0
14
VIEWS

Radio Free Europe, Deputy Prime Minister and Defense Minister Ivanov said in Obninsk in Kaluga Oblast southwest of Moscow on 17 January that the government will allocate about $5.8 billion to buy and maintain arms and military equipment in 2006, RIA-Novosti reported. 
 
He added that the sum is about 70 percent of the total earmarked for defense contracts for the year. Ivanov is inspecting defense facilities in Kaluga Oblast. 

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