Putin Calls for $772 Billion Upgrade to Rebuild Military

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Prime Minister Vladimir Putin said Russia will spend 23 trillion rubles ($772 billion) over the next decade to upgrade its military with the latest weaponry and forge a “smart” defense system against new threats.

The outlays are “suitable to the country’s capabilities and resources,” Putin said in an article published today in the government’s Rossiiskaya Gazeta today, part of a series the premier is publishing to lay out his campaign platform for the March 4 presidential elections. “We shouldn’t tempt anyone with our weakness.”