Skip to main content

Russian Defence Spending Leaps 40%

FILE PHOTO: A view shows an armoured convoy of pro-Russian troops outside Donetsk  

Reuters: With troops in Ukraine, Russia's defence spending leaps 40% 

(Reuters) - Russia's defence spending was up nearly 40% in the first four months of the year, according to preliminary data released by the finance ministry on Wednesday, almost three months into Moscow's large-scale military campaign in Ukraine. 

Russia spent 1.7 trillion roubles ($26.4 billion) on defence between January and April, almost half the 3.5 trillion roubles, or 2.6% of GDP, budgeted for all of 2022. 

The ministry had initially forecast a budget surplus of 1% of GDP, or 1.3 trillion roubles, for 2022, but now expects a deficit of at least 1.6 trillion roubles, allowing for support payouts to counter the effect of an unprecedented barrage of Western economic sanctions.

Read more .... 

Update #1: Russian Defense Spending Surges to $300M Per Day Amid Ukraine War (Moscow Times)  

Update #2: Russia's Spending $15.5 Million an Hour on Ukraine War (Newsweek)  

WNU Editor: What has helped defer the costs of this war in Russia are rising energy exports and profits .... Soaring oil and gas prices help Russia more than triple its current account surplus to $96 billion, its largest in 28 years (Business Insider).



from War News Updates https://ift.tt/fsnbWZ5
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT
Post a Comment
Read more

US approves $45 Million Hellfire missile sale for Denmark's MH-60R Seahawk helicopters

On January 8, 2026, the United States approved a possible $45 million Foreign Military Sale to Denmark for AGM-114R Hellfire air-to-surface missiles and related equipment, likely for use on MH-60R Seahawk maritime helicopters. The proposed sale includes missiles, launchers, training assets, and logistical support. No additional U.S. personnel are required for implementation, as the package maintains interoperability with U.S. and allied forces, with no impact on U.S. defense readiness.  Read full defense news at this link... Within Denmark’s current force structure, the aircraft most likely to use the AGM-114R is the MH-60R Seahawk maritime helicopter operated by the Royal Danish Air Force. (Picture source: US Navy) Read more... from World Defence News https://ift.tt/dJe2WNz via IFTTT
Post a Comment
Read more

Raytheon Australia Integrates Sidewinder Missile With NASAMS Launcher to Strengthen Air Defence

 On June 30, 2025, Raytheon Australia integrated Sidewinder Missile on NASAMS High-Mobility Launcher strengthening ground-based air defence capabilities. In a significant demonstration at the Woomera Test Range, the Australian Army’s 16th Regiment, Royal Australian Artillery, successfully fired the AIM-9 Sidewinder missile from a Hawkei High-Mobility Launcher, marking a world-first for this missile-platform pairing. This milestone underlines the growing relevance of adaptable, layered air and missile defence systems for Australia’s national security.  Read Full Defense News at this link.  The successful integration of the Sidewinder missile onto the NASAMS High-Mobility Launcher represents a tangible leap in Australia’s ground-based air defence (Picture source: Australian Army) from World Defence News https://ift.tt/XxVBQHy via IFTTT
Post a Comment
Read more