MOD plans to boost U.K. defense spending
The United Kingdom Ministry of Defence (MOD) plans to boost defense spending by 3.7 billion pounds ($6.9 billion) by 2008 to modernize its forces. That is an increase of 1.4 percent a year, the MOD said in a statement. The MOD plans to spend 1 billion pounds ($1.87 billion) over three years for a...
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