Russia To Build Eight Nuclear Submarines -- The Telegraph
Russia is to build eight nuclear submarines by 2015 as part of an ambitious plan to overhaul the country's ailing navy.
Senior military officials said that the new ships will be equipped with the country's problem-plagued submarine-launched ballistic missile, the Bulava-30.
Russia is struggling to revamp its dilapidated military structure in order to give substance to an increasingly assertive foreign policy that has seen warships and bombers deployed to the far corners of the world for the first time since the Cold War.
Last week, Dmitry Medvedev, the Russian president, announced a dramatic rearmament programme that would see the construction of new missile defence system and the mass production of warships and multi-purpose submarines.
Vladimir Putin, the prime minister, also announced that defence spending would increase by 27 per cent next year to £54 billion.
Russia's navy, perhaps the most decrepit arm of the country's armed forces, desperately needs modernization. With 50 per cent of the fleet estimated to be in dry docks at anyone time, Russia's warships have a reputation for frequently breaking down.
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My Comment: Only 8 submarines by 2015. This is just a drop in the bucket.