Russia revives Caspian Sea Monster

The revival of GEV production was announced by the Alekseev design and construction bureau, which used to be the leading producer of such vehicles. According to its production branch director, Evgeny Meleshko, the bureau is working on a big model. It will spend two years making the new design with the first tests to be launched in 2012.
“For our company it’s a big project, and most of our specialists will be working on it,” Meleshko told Interfax news agency.

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GEVs are high-speed naval vehicles that fly just over the surface thanks to a high-pressure air cushion created by its wings. The first prototype with a wingspan of 37.6 meters and a hull length of about 100 meters could travel at 250 knots and had a maximum take-off weigh of 544 tons.
The Soviet Union produced several models, including one for amphibian troops transportation and a cruise missile carrier. There was also a project for a strategic GEV armed with ballistic missile.

http://rt.com/Politics/2010-02-17/us-attack-iran-amd.html