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Russian Arms Exports in 2011 Total $13.2 Bln

© RIA Novosti . Ilya Pitalev / Go to the mediabankHead of the Federal Service for Military-Technical Cooperation Mikhail Dmitriyev
Head of the Federal Service for Military-Technical Cooperation Mikhail Dmitriyev - Sputnik International
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Russia sold $13.2 billion worth of weaponry to foreign customers in 2011, head of the Federal Service for Military-Technical Cooperation Mikhail Dmitriyev said on Wednesday.

Russia sold $13.2 billion worth of weaponry to foreign customers in 2011, head of the Federal Service for Military-Technical Cooperation Mikhail Dmitriyev said on Wednesday.

 

Russian arms exports in 2010 totaled $10.4 billion and foreign sales in 2011 were projected at $11.6 billion.

 

“We planned to sell $11.5 billion worth of weaponry, but we did better than that by selling $13.2 bln,” Dmitriyev said.

 

The share of combat aircraft in exports was 50%, equipment for Ground Forces – 25%, naval equipment – 11%, and air defense systems – 10%, the official said.

 

The main buyers of Russian military equipment in 2011 were India (25%), Algeria (15%) and Venezuela (10%).

 

With a current arms exports portfolio of over $40 billion, Russia is planning to sell $13.5 billion worth of weaponry in 2012, Dmitriyev said.

 

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