Russian state arms seller signs contracts worth USD 4 Bln in 2021
Russia’s Rosoboronexport state arms seller has signed contracts worth $4 billion in 2021, Rosoboronexport CEO Alexander Mikheyev said at the HeliRussia 2021 exhibition: “We have signed contracts worth more than $4 billion this year. Our order portfolio is at $52.1 billion,” the CEO said. Rosoboronexport is a subsidiary of Russia’s Rostec state hi-tech corporation.
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Russia firmly holds one of the leading positions among the world’s arms exporters (Picture source: Army Recognition)
For a number of years, Russia has remained the world’s second-largest arms exporter. Aircraft exports account for about 45%, exports of air defense systems and equipment operational with ground forces — 30% and 15%, respectively, naval weapon exports — about 7%.
Rosoboronexport has delivered about 23% of the total volume of weapons to foreign customers according to this year’s plan, Rosoboronexport CEO Alexander Mikheyev said at the HeliRussia 2021 exhibition. “Everything is on schedule. We carry out shipments … we receive payments. We have delivered about 23% of this year’s planned volumes to our customers,” the CEO said.
In 2020, Rosoboronexport sold military hardware worth about $13 billion. Russia firmly holds one of the leading positions among the world’s arms exporters. Annual sales amount to around $15 billion, with Rosoboronexport accounting for about $13 billion.
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