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According to RIA Novosti, Russian Defence Ministry has already proposed to develop a newest fifth-generation submarine by 2020 under a 2011-2020 arms procurement programme, First Deputy Defense Minister Vladimir Popovkin said last month.
It is reported that, Russia has also plans to build eight fourth-generation strategic nuclear submarines by 2020 and equip them with Bulava submarine-launched ballistic missiles, which are expected to be put into service this year.
Russia Defence Ministry has also planned to spend over 19 trillion rubles ($665 billion) for the state arms procurement programme, it said.
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