Russia unable to maintain current production of new subs due to falling oil prices?
Will Russia's Sub-Building Boom Matter?
By Christopher P. Cavas 4:25 p.m. EST January 24, 2015
WASHINGTON — The Russian Navy's submarine force is on a roll.
Four different kinds of submarines are under construction and more are coming. The country expects to lay down five new nuclear submarines in 2015.
The Navy is accepting Borey-class nuclear-powered ballistic missile submarines, Yasen-class nuclear attack submarines, and Kilo- and Lada-class diesel electric attack submarines. Six Kilos are being built for Vietnam and more are offered for export.
But can Russia sustain this prodigious submarine construction effort?
"The naval production we're likely to see this year is an artifact of decisions made some time ago when oil prices were fairly high and before a number of Western countries imposed sanctions on Russia," Mahnken said. "Whatever the Russians do this year, I think it'll be very hard for them to sustain naval production going forward."
Added Friedman: "Putin doesn't have that much money. And with the drop in oil prices, they have very bad problems."