Russia's arms sales portfolio evaluated at $12 billion

Igor Sevastyanov, deputy director of Russia's defense export giant Rosoboronexport, said at the opening of Russia Arms Expo international exhibition of weapons, military equipment and ammunition in Nizhniy Tagil that the order portfolio for Russian-made military equipment and weapons exceeded $12 billion.

Photo: AP photo

Sevastyanov also said that over 15 years of existence, exports of the company have have a tenfold increase.

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Rosoboronexport is a successful global competition to world's leading arms manufacturers. The list of Rosoboronexport's export products makes up more than 700 items.

Russia Arms Expo is being held for the tenth time and will last for three days. As many as 65 delegations from various countries of the world are expected to attend. Among other military equipment, the event will showcase state-of-the-art Armata tanks, including the T-14 and T-15 infantry fighting vehicles.

Pravda.Ru

Read article on the Russian version of Pravda.Ru

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