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With Russia's $650 billion rearmament plan, the bear sharpens its teeth
The graying bear is getting a make-over. Russia’s military is launching its biggest rearmament effort since Soviet times, including a $650 billion program to procure 1,000 new helicopters, 600 combat planes, 100 warships, and 8 nuclear-powered ballistic missile submarines.
Analysts say Russia, while already the world’s fifth-largest military spender, needs strong conventional forces to...