Russia became the world's second largest exporter of armament in 2011 after United States 2412112
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Defense News - Russia
Saturday, December 24, 2011, 02:19 PM
|Russia became the world's second largest exporter of armament in 2011 after United States.|
Russia became the world’s second largest arms exporter in 2011 after the United States, the head of the Moscow-based arms think tank Centre for Analysis of World Arms Trade (CAWAT), Igor Korotchenko said on Friday, December 23, 2011.
Rosoboronexport is the sole state intermediary agency for Russia's exports/imports of defense-related and dual use products, technologies and services.
The CAWAT ranking revealed that Russia occupied the second position for world arms sales in 2011 with $11.29 billion in revenues, which accounts for 16.1 percent of all international arms supplies, Korotchenko said. “The forecast for 2012 is $11.3 billion or 17.3 percent of global arms sales.”