Russian Navy


Rosoboronexport Sold Arms for $7 Bln in 2012

Rosoboronexport Sold Arms for $7 Bln in 2012 27.09.2012
Text: World Arms Trade Analytic Center
As of the end of September, Rosoboronexport has delivered military products to foreign clients to the amount of $7 bln, reports RIA Novosti referring to Sergei Chemezov, director general of state-led Rostehnologii.

As was reported earlier, in the first half of 2012 Rosoboronexport delivered defense products for $6.5 bln.

Chemezov declared that "the plan for the year is 11 billion dollars", reports RIA Novosti [the question is deliveries via Rosoboronexport but not overall Russian export].

Currently, backlog of export orders of JSC Rosoboronexport makes $36 bln, said the company's director Anatoly Isaikin.

Overall Russia's military exports is evaluated as $40 bln, reports RIA Novosti citing Alexander Fomin, director of Federal Service for Military Technical Cooperation.

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