While there is much talk about the forthcoming defence review and where the cuts will fall, Russia has decided to rearm and is increasing its defence budget by 65%.
The spending boost is part of an ambitious £276 billion rearmament programme to re-equip its conventional forces between now and 2020.
Currently Russian defence spending remains well below US levels and their present equipment is dated. But why are the Russians investing so much in their military hardware during a global recession? Food for thought.