Portfolio of Export Orders for Russian Military Hardware Is More than $ 50 billion

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The portfolio of export orders for the supply of Russian military hardware is more than 50 billion dollars. The head of the Russian delegation, FSMTC Deputy Director Anatoly Punchuk said it in an interview to “RIA Novosti” at “Euronaval 2004”.

According to him, “despite the sanctions, the portfolio of defense export orders was increased. Today it counts more than 50 billion dollars.”

As the agency noticed, in 2013, before the announcement of sanctions against a number of Russian defense enterprises, the portfolio of export defense orders of Russia ranged from 35 to 40 billion dollars.

In his turn, the head of the delegation of “Rosoboronexport” at “Euronaval 2014”, Deputy CEO Sergei Ladigin said to “RIA Novosti” that “Rosoboronexport” will sell in 2014 arms and military equipment worth at least 13 billion dollars.

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Posted on October 30, 2014, in Defence Industry Events, Defence Industry News. Bookmark the permalink. Leave a comment.

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