"We are expecting to sign 39 contracts, and the total will be almost 1.160 trillion rubles," Shoigu said as aired on Zvezda broadcaster.
The forum held in a Moscow suburb of Kubinka began on Sunday and will last through Saturday.
The sixth international defence industry forum ARMY-2020, organized by the Russian Defence Ministry, will open in the Moscow Region on Sunday and present state-of-the-art weaponry and military hardware.
Russia has hosted the international defence industry event annually since 2015. This year's edition began on Sunday and will end on 5 September.