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Thursday, March 10, 2011

Russia hopes to make $9.5 bln in 2011 arms sales

Su-35 FlankerRussia's state-run arms exporter, Rosoboronexport, said on Wednesday it expects to make up to $9.5 billion in arms sales this year.

"Rosoboronexport's portfolio [of orders] is about $38.5 billion; this is the target we hope to meet in three years," company head Anatoly Isaikin said.

Last year Russian arms exports totaled $8.6 billion.

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