Rapid Fire Oct. 17, 2012: Russia Aims for Higher Budgets

Rapid Fire Oct. 17, 2012: Russia Aims for Higher Budgets

* Russia plans to significantly increase its defense budget, says Duma’s Defense Committee chairman Vladimir Komoedov. They are aiming for $97B or 3.7% of GDP by 2015. Possibly, if oil prices then are still high enough to support it. * The US House Armed...
Rapid Fire Oct. 17, 2012: Russia Aims for Higher Budgets

Global MRAP: The International Light Armored Vehicle

ILAV w. MCATS(click to view full) The global trend toward mine-resistant vehicles has become unmistakable, and Iraq was the catalyst and proving ground. RG-31s of the US 101st Airborne and Australian Bushmasters were the first examples in Iraq, followed by the M1117...
Rapid Fire Oct. 17, 2012: Russia Aims for Higher Budgets

Rapid Fire Oct. 16, 2012: Asian Military Spending

* The Center for Strategic & International Studies (CSIS) published a study [PDF] of defense spending in Asia since 2000. Spending growth has accelerated over the second part of the period, led by China and Japan, with China doubling its share to 40% of regional...