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State guarantees will make $11 billion 160 million in 2014. These allocations will be given to 96 enterprises of the defense and industrial complex. State guarantees as a support measure to companies in the military and industrial sector seek to fulfil the state armament program in 2011-2020.
The program of state guarantees affects positively domestic Russian military hardware market. The Federal Agency for supplies of weapons, military hardware, special machinery and material means within the last year’s state defense order has concluded contracts worth $11.1 billion surpassing more than fivefold the specific figure in 2012. Long-term contracts signed in 2013 totalled $18 billion and overall portfolio of export orders broke a record exceeding $49 billion.