Russia announced plans on Sunday to revive its once-mighty navy by building several aircraft carriers and upgrading its fleet of nuclear submarines in the coming years.
Russia’s power at sea is a shadow of the formidable Soviet navy which challenged U.S. military dominance in the Cold War. But, with a strong economy now from booming oil exports, it is seeking to raise its profile on the world stage by modernizing the armed forces.
Russia will build five or six aircraft carrier battle groups in the near future, RIA news agency quoted Navy Commander Vladimir Vysotsky as telling Navy Day festivities in St Petersburg, the second city.
