Russia may be in the middle of an economic crisis, but the country's defence budget is surging.
Military spending is set to rise by an astonishing 33% this year, according to the Associated Press. That follows double-digit percentage increases in previous years, and will make it Russia's highest defence budget ever, running to 4.2% of GDP, according to the Moscow Times.
What's it being spent on?
Russia is modernising a huge amount of its military equipment, much of which has been languishing with Soviet-era design for the past three decades. This includes new equipment for Russia's ground forces, as well as new tech for its Navy and Air Force, combined with territorial expansion into the Arctic.
The RS-24 Yars is currently replacing Russia's more outdated intercontinental nuclear missiles. It reportedly carries between four and ten nuclear warheads that can each hit different targets.
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This Sukhoi T-50 fighter is Russia's answer to the latest US Raptor jets. It's Russia's first stealth fighter, and it's still in testing, ready to be rolled out in the next couple of years. It's got a top speed of 1,300 mph, faster than an F35.
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The Black Sea fleet will receive at least one of the Admiral Grigorovich class of frigates in 2015, according to the Moscow Times, adding to the one it already has. The fleet is being enhanced now that Russia controls Crimea.
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See the rest of the story at Business Insider