Recent statements and provocations by the Russian leadership and military suggest to some that Vladimir Putin wishes to initiate a new cold war with the United States by rebuilding Russia's military to a state of parity with American forces. Strategy Page thinks a rebuild of the Russian military is highly unlikely, however:
The government is making a lot of noise about rebuilding the armed forces, and another Cold War with the U.S., but this is all talk, to make the government appear like it's doing something. The military would need massive amounts of money (over $100 billion a year, for a decade or more) to restore any meaningful amount of military power. Nothing near that amount is forthcoming. The government is trying to get the population stirred up so there is less resistance to the purchase of many expensive warplanes and ships.
A lot of this is necessary because China is buying less and starting to offer their own stuff, often containing stolen Russian military technology, on the world market. China is threatening to offer its copy of the Su-27 (the J-11). Currently, half of Russian weapons export sales are Su-27s. The Chinese ignore Russian complaints about the stolen technology. To keep Russian weapons manufacturers in business, the Russian military has to buy more, to make up for the lost Chinese sales. Western firms are also going after the lucrative Indian arms market, which Russia has dominated for decades. Last year, Russia sold $7 billion worth of weapons overseas, and may have a hard time topping that this year.
In other words, the talk of a new military aggressiveness on the part of the Russians is all bluster. They haven't the resource base or the economic power to sustain the kind of program that would be necessary to catch up. The real problem they pose is that out of resentment toward western superiority they may provide assistance to those, like the Chinese and the Islamists who intend to,and can, hurt us.
RLC