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Rosoboronexport increases its order portfolio to over $38 bln in 2013

November 01, 2013, 18:36 UTC+3
In 2013, the company plans to export arms and military hardware to a sum exceeding 13 billion U.S. dollars
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MOSCOW, November 1 (Itar-Tass) - Russia’s sole arms exporter, Rosoboronexport, has increased its order portfolio to more than 28 billion U.S. dollars as of November 1, 2013, on 37.3 billion U.S. dollars of the end of 2012. Thus, Rosoboronexport’s order portfolio has increased by 0.7 billion U.S. dollars in the nine months of 2013, the company said in a release on Friday.

In 2013, the company plans to export arms and military hardware to a sum exceeding 13 billion U.S. dollars. In 2012, its exports of military products stood at 12.9 billion U.S. dollars. In 2011, the company exported arms to a sum of 10.7 billion U.S. dollars, and to a sum of 8.7 billion U.S. dollars - in 2010.

Apart from that, Rosoboronexport reported about the transfer of 12 Mi-17B-5 transport helicopters to the United States to be used by the Afghan army. In all, the company will supply 63 M-17B-5 helicopters to the Afghan army.

Rosoboronexport was established in 2000 through the merger of Promexport and Rosvooruzhenie. The company is now the sole official exporter of Russian arms and a key defender of Russia’s interests on global weapons markets. In 2008, Rosoboronexport was incorporated into the state corporation Russian Technologies set up a year before. Rosoboronexport accounts for more than 80 percent of exports of Russian-made weapons and military hardware.

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