All news

Aircraft hardware comprises almost half of Russia’s arms exports — official

Russia's arms export is expected to stand at around $15 bln in 2016 and 2017

ZHUHAI (China), November 2. /TASS/. Russian aircraft hardware enjoys the greatest demand among foreign customers and accounts for 45% of Russia’s total defense exports, Deputy Director of the Federal Service for Military and Technical Cooperation Vladimir Drozhzhov told TASS on Wednesday.

"As for the type of armaments and military equipment, the Russian aircraft hardware enjoys the greatest demand, as in the previous years, and makes up 45% of the entire export volume," Drozhzhov said.

The demand for Russian weapons has been quite stable in the past two years, he added.

"The annual volume of the export deliveries of Russian armaments and military hardware will amount to about $15 billion this year and we forecast about the same figures for the next year," the defense official said.

Foreign customers of Russian armaments can also pay in the national currency, he said.

"Such a possibility exists. Russia is ready to offer foreign customers flexible schemes of settlements," Drozhzhov said.