Russia plans to invest billions in Black Sea Fleet
The Russian government plans to invest up to 86.7 billion roubles ($2.8 billion) by 2020 in the development of the national Black Sea Fleet, it has emerged.
According to a recent statement by Sergei Shoigu, Russia’s Minister of Defence, additional funds will be provided under the federal programme covering the basing system of the Black Sea Fleet.
Under the Russian Ministry of Defence plans, in light of the recent annexation of Crimea the existing programme will be seriously adjusted and is a direct response to increased US Navy activities in the Black Sea.
Russia has had concerns about the presence
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
![Hanwha Ocean and TKMS are firming up their Canadian next-gen submarine proposals]()
Hanwha Ocean and TKMS are firming up their Canadian next-gen submarine proposals
CPSP competitors are proposing platforms fitted with advanced, next-generation capabilities to be built and sustained in cooperation with the Canadian industry.
-
![UK’s $1 billion AUKUS support request signals strong ongoing US collaboration]()
UK’s $1 billion AUKUS support request signals strong ongoing US collaboration
The latest foreign military sales request from the UK has implications for the future of the programme and collaboration between the three nations.
-
![What the rise of interoperability between Western allies means for defence procurement]()
What the rise of interoperability between Western allies means for defence procurement
Major naval initiatives including the European Patrol Corvette programmes and Norway’s UK partnership-focused purchase of Type 26 frigates point to the growing interest in the advantages of commonality across allied navies.
