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Russia’s state arms exporter delivers military hardware worth $180 bln over 20 years

The geography of its sales includes 122 countries, according to the company's press office

© Marina Lystseva/TASS

MOSCOW, November 2. /TASS/. Russia’s state arms seller Rosoboronexport (part of the tech corporation Rostec) delivered military hardware worth $180 billion to foreign customers over 20 years, the Rosoboronexport press office reported on Monday.

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"The company’s financial indicators - the order book and the delivery volume - have risen fivefold since 2000. Over these years, Rosoboronexport has concluded more than 26,000 contracts with partners and delivered products worth a total of over $180 billion to 122 countries of the world," the press office quoted Rostec CEO Sergei Chemezov as saying.

Russia continues to steadily hold the second place on the global arms market, Rosoboronexport CEO Alexander Mikheyev said.

"Our foreign partners have received hardware worth over $85 billion for their Air Forces. The deliveries for our customers’ air defense and land troops have topped $30 billion for each of these military branches and have amounted to over $28 billion for their Navies," Mikheyev said.

Over the past two decades, Rosoboronexport has become a leader on the global arms market and has achieved substantial results in promoting the products of domestic enterprises, including producers within Rostec, the press office said.

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