Russia: September 2, 2005

Archives

The Russian navy is apparently preparing two late model two Akula class nuclear submarines, for transfer to India. The subs will be leased, with the option to buy. The two subs are still under construction, one is 70-85 percent complete, the other is 40-60 percent complete. India will pay some $25 million a year to lease the two boats. Total costs of each boat, including crew training, is about a billion dollars. This deal has been in the works for over a decade, and has yet to be finalized and publicly announced. 

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   Contribute   Close