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Thursday, July 04, 2013

Russia’s Weaponry Exporter Reports $34Bln in Orders

RosoboronexportRussia’s state arms exporter said Wednesday that its order portfolio stood at $34 billion as of June 1.

Rosoboronexport delivered $6.5 billion worth of weaponry to foreign customers in the first half of this year, deputy head Igor Sevastyanov announced, adding that the current order portfolio included contracts with 67 countries.

Russia, which last year sold $15.2 billion worth of weaponry, is the world’s No. 2 arms exporter, behind the United States.

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