The Kremlin is modernizing and repairing approximately 20 warships and submarines as part of the country’s rearmament program, Russian government backed media outlet Sputnik reported Monday. The move comes as the U.S. announced it was increasing its defense budget in Europe to counter Russian aggression.
International Business Times: Russia modernizes submarines as NATO warns of activity levels not seen since Cold War

Workers prepare the launching ceremony of the Russian diesel-electric attack submarine Stary Oskol on Admiralty Shipyard in Saint Petersburg on Aug. 28, 2014.