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Defense Spending to Grow

The Defense Ministry plans to spend 19 trillion rubles ($613 billion) over the next decade to equip its armed forces, including what may be the first purchases of U.S. military technology since World War II, Defense Minister Anatoly Serdyukov said Tuesday.

A plan to increase the 2011-20 arms budget by 46 percent is in its final stages. Serdyukov returned Monday from talks with U.S. Defense Secretary Robert Gates in Washington.

(Bloomberg)


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