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

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
military procurement, 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.