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Russia's defense industry

Portfolio of export orders for Russian defense industry stands at $49 billion — deputy PM

Russian defense companies supplied military equipment to 32 countries in 2014, Deputy Prime Minister Dmitry Rogozin noted

Russian Deputy Prime Minister Dmitry Rogozin Mikhail Japaridze/TASS

Russian Deputy Prime Minister Dmitry Rogozin

© Mikhail Japaridze/TASS

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MOSCOW, July 1. /TASS/. The portfolio of export orders for Russian defense companies stands at $49 billion, Deputy Prime Minister Dmitry Rogozin said on Wednesday.

Rogozin noted that Russia continues to remain one of the leaders in the spheres of military and technical cooperation and arms export, delivering military equipment to more than 30 countries.

"The portfolio of orders for us currently stands at around $49 billion," Rogozin said.

Russian defense companies supplied military equipment to 32 countries in 2014, he noted. In 2013, Russia earned $15.74 billion from exporting arms and "stayed at the same level or earnings last year," Rogozin said.

The deputy prime minister stressed that "the system of state defense order started working effectively." "Around 20,000 different systems and models of equipment and armaments" were provided to the Russian Army over the last three years, he noted.

In 2014, 96.7% of state defense order was fulfilled, in 2013 the number stood at 93.2%, and in 2012 - at 81.7% "Of course, it will ideal to see 100% fulfillment, but this is not how it works because some positions become irrelevant during the year, and we have to make changes to state defense order, and it is a complicated process," Rogozin said.

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Russian defense industry

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