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Putin vows 24 billion dollars for Russian hi-tech: report
Moscow (AFP) Aug 20, 2008 Russia is to invest 600 billion rubles (24.6 billion dollars, 16.7 billion euros) in hi-tech industries over two years, Prime Minister Vladimir Putin said Wednesday. "We have never put this kind of money into this area," Putin was quoted as saying by the Interfax news agency. "Between 2008 and 2010 we expect to assign 600 billion rubles to various state hi-tech programs," he told the meeting. Putin has said investment in the technology sector is key to Russia's efforts to wean itself off dependence on the export of natural resources, such as oil, gas and metals, whose prices can fluctuate wildly. Community Email This Article Comment On This Article Related Links The latest in Military Technology for the 21st century at SpaceWar.com
Lockheed Martin C-5m Super Galaxy Completes Flight Test
Marietta GA (SPX) Aug 20, 2008The Lockheed Martin C-5 Reliability Enhancement and Re-engining Program (RERP) flight test team has successfully completed developmental testing of all three C-5 RERP test aircraft. |
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