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Russia hopes to make US$9.5 billion in 2011 arms sales
Russia's state-run arms exporter, Rosoboronexport, said on Wednesday it expects to make up to $9.5 billion in arms sales this year.
"Rosoboronexport's portfolio [of orders] is about $38.5 billion; this is the target we hope to meet in three years," company head Anatoly Isaikin said.
Last year Russian arms exports totaled $8.6 billion.
Isaikin said Russia aimed to hold on to its position as the world's second largest arms exporter.
"We are firmly in the second position, after the United States, and we have no intention of losing it," he said.
Aircraft and related equipment account for 43% of Russian arms exports, ships and naval equipment 22%, arms and military equipment for ground forces 10% and air-defense systems some 13%, he added.
Russia hopes to make $9.5 bln in 2011 arms sales (Update 1) | Defense | RIA Novosti
Russia's state-run arms exporter, Rosoboronexport, said on Wednesday it expects to make up to $9.5 billion in arms sales this year.
"Rosoboronexport's portfolio [of orders] is about $38.5 billion; this is the target we hope to meet in three years," company head Anatoly Isaikin said.
Last year Russian arms exports totaled $8.6 billion.
Isaikin said Russia aimed to hold on to its position as the world's second largest arms exporter.
"We are firmly in the second position, after the United States, and we have no intention of losing it," he said.
Aircraft and related equipment account for 43% of Russian arms exports, ships and naval equipment 22%, arms and military equipment for ground forces 10% and air-defense systems some 13%, he added.
Russia hopes to make $9.5 bln in 2011 arms sales (Update 1) | Defense | RIA Novosti
