All news

Rosoboronexport's order portfolio exceeds $60 bln

According to CEO of Rostec State Corporation Sergey Chemezov, Russia is striving to fulfill these orders

ABU DHABI, February 17. /TASS/. Rosoboronexport's order portfolio currently surpasses $60 bln, CEO of Rostec State Corporation Sergey Chemezov told reporters.

"Today our order portfolio exceeds $60 bln. This is, to a certain extent, deferred demand," Chemezov said, specifying that he was talking about Rosoboronexport's entire portfolio.

According to Chemezov, Russia is striving to fulfill these orders. "For the time being, we are doing this primarily for our own army, and when the opportunity arises, we have some overcapacity, that we use to manufacture products for export," he added.