Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

New Business Model: “Russia Rent a Sub”.

Europe Security News. Typhoon class submarine underway

Some businesses rent cars, some others boats. Well, Russia is now leasing its nuclear submarines.

India has taken possession of a nuclear-powered submarine from Russia on a 10-year lease, Indian media say.

The Akula II craft was handed over to India in a ceremony in eastern Russia in a deal that has cost close to $1bn.

The information does not the tell if the Akula II is also armed with ballistic nuclear missiles, SLBM type.

India now rejoins China, Russia, the US, the UK and France as an operator of underwater nuclear vessels.

India is also developing its own nuclear-powered submarine. It is expected to be ready by…READ MORE HERE