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Today is Feb. 11, 2012 04:04 AM (GMT +0400) Moscow
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Venezuela's President Hugo Chavez rides an armored vehicle while inspecting troops, at a military parade in Caracas.
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Dec. 06, 2007
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Venezuela Willing to Buy 12 Combat Jets in Russia
Venezuela is willing to buy 12 combat jets in Russia, including the transport Il-76s and Il-78 flying tankers, said Colonel Oswaldo Hernandez Sanchez from Venezuela’s Air Force. The jets could be supplied in late 2008, the AP reported.
Venezuela clinched past year a few deals with Russia for buying armaments worth roughly $3 billion, including 100,000 Kalashnikov sub-machine guns, 24 SU-30 fighters and 53 combat helicopters. Venezuela also intends to build South America’s first Kalashnikov assault rifle factory.

What’s more, Chavez claimed recently he would set up a new air defense shield, buying components for it in Russia, Iran and Belarus.

The media also reported about Venezuela’s intention to acquire submarines in Russia, but Venezuelan Defense Minister Raul Isaias Baduel said they didn’t plan it at that time but might do it in future.
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