Reference News website reported on April 12 according to Xinhua News Agency on April 12, Russian President Putin announced that hundreds of billions of US dollars will be invested in rearming the Russian Navy.
According to Russian news agencies, Putin said on April 11 at a naval development conference held in St. Petersburg: "In the next ten years, we will allocate 8.4 trillion rubles (approximately 100.9 billion US dollars) to build new ships and vessels for the navy."
Putin said that equipping the navy with new equipment and rearming it is due to new dangers and challenges. He mentioned the development of drones and robotics technology, digitalization, and also mentioned the world political situation.
He did not specifically mention the Ukraine war. In this conflict, several warships of the Russian Black Sea Fleet were hit.
Reportedly, he praised the speed of the navy's rearmament so far. He claimed that in the past five years, shipyards in Russia have built 49 warships of different levels, including nuclear submarines that can be equipped with the new "Zircon" hypersonic missiles. (Compiled by Li Sha)
Original article: https://www.toutiao.com/article/7492374760672772608/
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