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Russia is the world's third largest military spender: airplanes, helicopters, ships and equipments to be renewed until 2020

Moscow, Russia - SIPRI continues its in-dept economic research

SIPRI (Stockholm International Peace Research Institute) published on Tuesday April 17,2012 a report about Russia's military expenditures. The report underlines that these expenditures in 2011 totaled 71.9 billion dollars, which made the country the world's third largest military purchaser behind India and the United States. "Further increases in military spending are planned, notably in equipment,...

AVIONEWS - World Aeronautical Press Agency - 1139687

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