Russia has hedged its lead as the most prolific arms dealer in the world (yes, even more than the US) with a recent agreement with Venezuela.
Oil-rich Venezuela is a major purchaser of Russian weapons and hardware. In 2005-2006, Venezuela ordered weaponry from Russia worth $3.4 billion, including 24 Su-30MK2V Flanker fighters, Tor-M1 air defense missile systems, Mi-17B multi-role helicopters, Mi-35 Hind E attack helicopters and Mi-26 Halo heavy transport helicopters.
Russia has repeatedly stated that it will actively participate in the modernization of the Venezuelan armed forces until 2013.
Kommersant said negotiations were underway on the purchase of 10 Il-76 Candid military transport planes and two Il-78-MK aerial tankers for the Venezuelan Air Force. The contract will be worth a total of $600 million.
Deliveries will be completed next year. The aircraft will replace six outdated American Lockheed C-130H Hercules transport planes and two Boeing 707-320C aerial tankers.
Venezuela and Russia have also agreed on the purchase of four Kilo-class Project 636 diesel submarines. The terms of the deal, estimated at $1.2 billion, were negotiated late last year.
The Project 636 submarine is designed for anti-submarine warfare and anti-surface-ship warfare, and also for general reconnaissance and patrol missions. It is considered to be one of the quietest diesel submarines in the world.
The strategic problems having (very quiet) Venezuelan submarines patrolling the Atlantic and Caribbean oceans should not be overlooked. To me, this is akin to Russia placing strategic missiles on Cuba.
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