Russian Navy


Russia will make $10 bln from arms export in 2010 – vice premier Ivanov

Russia will make $10 bln from arms export in 2010 – vice premier Ivanov 15.12.2010
Text: RIA Novosti
Photo: Sergei Ivanov. steer.ru
Sales volume of Russian defense products exported via Federal Service for Military Technical Cooperation (FSMTC) will reach $10 bln in 2010, said yesterday Russian vice premier Sergei Ivanov who is in charge for defense industry.

As of 2009, sales volume of FSMTC was $8.5 bln.

"Even the most conservative predictions say that returns from arms exports to over 60 countries will exceed $10-bln barrier in 2010", said Ivanov at "Golden Idea" awards ceremony.

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