Rosoboronexport reports USD7 billion in overseas sales

09 September 2016

Russia's Rosoboronexport, the country's main arms exporter (controlling roughly 85% of all defence-related sales), has this year sold weapons and military equipment abroad worth USD7 billion, deputy director general of the company Sergey Goreslavsky told RIA Novosti on 7 September.

"We are keeping to our schedule," he said, confirming that Russia plans to export arms worth USD15 billion this year. "Like last year, we are planning to sell weapons worth USD13 billion. Together with the Federal Service for Military-Technical Cooperation (FSMTC) index [which includes exports of other Russian companies entitled to conduct arms export activities] this would be about USD15 billion."

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options

(124 of 365 words)

Industry Links

IHS Jane's is not responsible for the content within or linking from Industry Links pages.