13:49 GMT +322 July 2019
Listen Live
    International Military-Technical Forum ARMY 2016, showcasing hundreds of Russian (and foreign) weapons systems, took place outside Moscow earlier this month.

    Russia's State Arms Exporter Reports $45Bln in Orders, 2016 Sales to Top $13Bln

    © Sputnik / Alexey Filippov
    Russia
    Get short URL
    176

    CEO of the Rostec State Corporation said that Russia's state arms exporter Rosoboronexport plans to sell over $13 billion worth of weapons this year, with the total orders portfolio currently at $45 billion.

    MOSCOW (Sputnik) Russia's state arms exporter Rosoboronexport plans to sell over $13 billion worth of weapons this year, with the total orders portfolio currently at $45 billion, the CEO of the Rostec State Corporation said Tuesday.

    "I think that we will of course carry out the $13.08-billion plan. I think the plan will be implemented… The orders portfolio is about $45 billion," Sergey Chemezov told reporters.

    Rosoboronexport Director General Anatoly Isaykin named the $45-billion figure on November 3 in a statement dedicated to the arms exporter's 16 years of international cooperation.

    Isaykin said in June that the $13-billion arms sales goal was on track.

    Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!

    Related:

    Russian Air Defense Units Hold Drills in Armenia Mountains - Defense Ministry
    US Aims to Break Russia With Arms Race
    Russian Armata Tanks, Armored Vehicles to Become 'Smarter'
    Tags:
    arms export, Rostec, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik