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Russia to float out new-generation warships, submarines

(Xinhua)

09:50, July 31, 2012

MOSCOW, July 30 (Xinhua) -- A total of 51 surface warships and 24 submarines, including 8 Borei-class submarines, will enter into service in the Russian Navy by 2020, Russian President Vladimir Putin said Monday.

Putin made the remarks when attending a ceremony to launch the construction of a fourth-generation Borei-class submarine at Sevmash shipyard in northern Russia.

"Our nuclear sea-based potential is sufficient. By 2020, it will be upgraded thanks to eight new Borei-class nuclear submarines," Putin said.

"I hope the eight submarines will be completed on time with high quality," he said.

The government will allocate more than 4.4 trillion rubles (136. 7 billion U.S. dollars) for the construction of the 51 surface warships and 24 submarines. Putin urged to speed up the building process for warships and submarines as well as the navy weaponry and equipment that would be put into service beyond 2020.

The president also stressed the significance of modernizing Russia's shipyards.

"Otherwise, they will be unable to implement the state armament program in full or they would not provide the quality needed," Putin warned.

Russia's rearmament program, which was launched in 2008, has envisaged the spending of 20 trillion rubles (about 680 billion dollars) until 2020.

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