Saturday, February 11, 2012

Russia's Arms Export Business Is Booming

MiG-29K. © RIA Novosti. Anton Denisov

Russia May Sell $14 Bln Worth Of Weaponry In 2012 -- RIA Novosti

Russia’s arms exports may reach a record $14 billion in 2012, a Russian think-tank said on Friday.

Russia’s state arms exporter Rosoboronexport sold $10.7 billion worth of weaponry in 2011 under contracts with 57 countries, but this number could be readjusted to $12 bln with the addition of direct sales of spare parts by Russian arms producers.

“We are expecting Russian arms exports to surpass $14 billion in 2012,” the Center for the Analysis of Strategies and Technologies (CAST) said in a report.

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More News On Russian Arms Exports

Russian Arms Exporter Reports $11 Billion In Sales In 2011 -- Radio Free Europe
Russia May Sell $14 Billion Worth of Weaponry in 2012 -- Defpro
Arms Exports Booming -- Moscow Times
Arms exports on rise -- The Province/AFP
Billions at stake as Russia backs Syria -- CNN
Britain, France, US criticise Russian arms sales to Syria -- Business Recorder
Azerbaijan to buy another 32 Russian helicopters -- News.az
Rights Group Criticizes Russia, China for Supplying Sudan with Weapons -- Voice of America
Russia to supply $7.7 billion worth of arms to India -- Russia & India Report
Russian Missile Maker Lost $790 mln over Libya War -- RIA Novosti
Russia loses $4 billion in Libya because of Gaddafi -- Pravda
The Russian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016 -- Sacramento Bee/PR Newswire

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