Ukrainian MP: Government will have to increase expenditures annually to increase fleet capacity

Source : 112 Ukraine

Previously, Ukraine’s Defense Ministry announced 30 new vessels for the Navy by 2020
17:55, 24 May 2016

112 Agency

“The estimated pace of building the fleet is 30 vessels in 4 years, which demands rapid increase of funding government contract in defense area. In order to construct all these vessels, the government will have to increase expenditures annually – at least by 50 percent”, said Andriy Teteruk, MP and the member of the Parliamentary Defense Committee.

Related: Intelligence: Russian Black Sea Fleet not ready for combat

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