Emerging Markets, Stocks

Russia Adding Dozens Of Intercontinental Missiles To Arsenal

Russian President Vladimir Putin says the military will add more than 40 new intercontinental ballistic missiles (ICBMs) to its arsenal this year capable of “penetrating” any current missile defense systems.

ICBM

Intercontinental Ballistic Missiles (ICBMs): Courtesy of Wikimedia Commons

Putin said at the opening of the Army-2015 arms show in Alabino, west of Moscow, on June 16 that the ICBMs are part of Russia’s “large-scale armament- and defense-industry modernization program.

He said the military is also getting several other new weapons, including Armata tanks and new armored vehicles, several of which were on display during the military parade in Moscow’s Red Square last month marking the 70th anniversary of the end of World War II.

Putin added that the military will soon test its new long-range early-warning radar intended to monitor the “western strategic zone.

He told conference participants that models of combat robots at Army-2015 would also play a key role in shaping the Russian armed forces in the future.


Courtesy of Radio Free Europe/Radio Liberty (RFE/RL)

Radio Free Europe/Radio Liberty (RFE/RL) is a broadcasting organization that provides news, information, and analysis in 21 countries where free press is banned by the government or not fully established.  

Copyright (c) 2015. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave NW, Ste 400, Washington DC 20036.

About ETFalpha

Chief ETF Strategist & Co-Founder at EMerging Equity

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