Venezuela Buys $2B+ of Russian Tanks, Rockets… and More?

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Smerch 9K58 firing(click to view larger) In November 2005, the title “F.I. Looks At Latin American Arms Market, Sees Venezuelan Buildup” said it all. In 2006, “Venezuela Buying SU-30s, Helicopters, et. al. From Russia” covered a $3 billion arms deal with Russia for SU-30MK2 fighters, and Mi-17/26/35 transport and attack helicopters. Reports in December 2007 indicated a Russian desire to raise those exports to $12 billion over the medium term. In the wake of Chevez’ purchases, neighbors like Colombia and Brazil have increased their defense budgets, and launched purchases of their own. Now, the latest large-scale deal involving Russia and Venezuela involves tanks, rocket artillery, and air defense missiles… T-72 display,CFB Borden(click to view full) Sept 14/09: Fresh from the discovery of a 7-8 trillion ft3 natural gas strike off its coasts, Venezuela receives a $2.2 billion line of credit to buy weapons from Russia. During his Russian visit, Hugo Chavez also reportedly signed deals for 92 T-72 tanks, and an undisclosed number of Smerch-M BM 9K58 long-range multiple launch rocket system (MLRS) artillery, which can fire an array of rockets up to 90 km. Venezuela’s army currently deploys a small number of Israel Military Industries’ 160mm LAR-160 MLRS systems, […]

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