Venezuela To Get 15 Billion Dollar Arms Including J-10 Jets

Venezuelan President Hugo Chavez thrown more than 15 billion U.S. dollars worth of arms procurement bill, which sparked concerns in Latin America.

 The article said that Venezuela's purchase of a large number of tanks, helicopters, armored vehicles, submarines and missile systems at an unprecedented rate in history in Latin America to arm themselves. 

"New Herald" (El Nuevo Herald), said experts consulted, Chavez spent over 15 billion U.S. dollars worth to strengthen its military power for militaryprocurement, has produced unrest in the region. Analysts warned that the arms purchase along with people doubt, there is no competitive bidding and early course of the study, the way decisions are temporary. 

It is learned that Chavez used the funds to purchase these new weapons in the country one of the largest in history, and a large part from the loan; for the military procurement funds may end up more than 15 billion U.S. dollars. 

Some analysts said that the funds have been used for arms purchases totaled about 300 billion U.S. dollars; and this figure is Chavez himself expressed the hope that the modernization of the national armed forces in the amount spent.

 Closely track the event of a Venezuela and Africa-governmental organization "National Security and Civil Defense Control Association," the report said, the country has received or will receive a large number of mainly by Russia, China and Spain to provide the equipment and military facilities. 

These weapons include: 92 medium-sized T-72B1V tanks, 240 infantry fighting vehicles (BMP-3 and BTR-80), 9 submarines, nearly 50 various types of ships, a dozen Su-30MK2 fighters, undetermined number of Chinese J-10 fighters, and nearly 100 Russian helicopter; most of these equipment will be used for combat operations.

The arms procurement bill also includes S-300 air defense missile system, NATO called the SA-20; its ability to track, including cruise missiles, including 100 targets, while 125 miles away from the shooting down of one of the six goals.
Meanwhile, Venezuela is also committed to the establishment in the territory of the military facility; includes a gunpowder factory, a AK-103/AK-104 rifle factory, and 7.6 × 39mm ammunition plant.
In addition, Chavez has purchased 100,000 AK-103/AK-104 rifles, and 5,000 high-precision sniper rifle Dragon Ivanov; addition, there are 1,000 shoulder-fired anti-tank RPG-7V2 rocket launcher with 1000 Igla-S ((SA-24) portable air defense missiles, the latter with the U.S. "Stinger" shoulder-fired missiles similar.
In recent years, Washington has been paying close attention to Venezuela's arms purchases; the U.S. State Department officials have already sold a large number of Russian weapons to South American countries expressed their concern.

source:asian-defence