DTN News - RUSSIA DEFENSE NEWS: Russian Soldiers Preparing For Military Exercises In Chechnya, Southern Russia

DTN News - RUSSIA DEFENSE NEWS: Russian Soldiers Preparing For Military Exercises In Chechnya, Southern Russia  

(NSI News Source Info) TORONTO, Canada - July 5, 2012: Russian soldiers prepare to fire heavy machine guns during military exercises at a shooting range some 35 km (22 miles) south of Grozny, the provincial capital of Chechnya,, southern Russia, Thursday, July 5, 2012. AP PHOTO

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DTN News - RUSSIA DEFENSE NEWS: Russian Navy Cadets Celebrating Their Graduation Ceremony With Champagne

DTN News - RUSSIA DEFENSE NEWS: Russian Navy Cadets Celebrating Their Graduation Ceremony With Champagne

(NSI News Source Info) TORONTO, Canada - June 23, 2012: A navy officer drinks champagne from a huge wine glass containing his dirk presented to navy graduates as he celebrates graduation from a Navy Institute in St. Petersburg, Russia, Saturday, June 23, 2012. Graduation ceremonies are held all over Russia now as students of elementary and high schools and military academies finish their education. (AP)

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DTN News - RUSSIA DEFENSE NEWS: State Contract For Borey-Class Submarines Faces Delays

DTN News - RUSSIA DEFENSE NEWS: State Contract For Borey-Class Submarines Faces Delays

(NSI News Source Info) TORONTO, Canada - April 14, 2012: A contract to build Borey class submarines, the most costly of the 2012 state defense orders, faces delays over pricing, the Kommersant daily said on Saturday citing shipbuilding and defense source

“The defense ministry is again dissatisfied with the price substantiation, so the signing of the contract is ruled out in the near future,” a source in the shipbuilding industry told Kommersant.

According to the paper, Russia's United Shipbuilding Corporation (USC) said one submarine will cost about 26 billion rubles ($878,000), or about 130 billion rubles ($4.4 billion) in total.

A defense ministry source said “the manufacturers still want to sell it at an unjustifiably high price,” while shipbuilders say such prices would barely allow them to make any profit.

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