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Rosoboronexport Plans to Retain Deliveries at $12-$13Bln Annually

27.10.2015 11:50

Russia’s largest arms exporter, Rosoboronexport, has set its annual goal of arms sales to foreign purchasers at no less than $12 billion annually, Rosoboronexport General Director Anatoly Isaikin said Tuesday.

“Over the last 15 years, Rosoboronexport’s export deliveries volume has increased more than fourfold. The special exporter’s main goal now is to keep the pace of its annual volume of deliveries at $12-$13 billion reached in 2012-2014,” Isaikin told journalists.

In the same 15 years, Isaikin said, Rosoboronexport’s orders have increased fivefold and currently stand at $45 billion. “Rosoboronexport’s annual volume of portfolio orders has increased five times. Today, portfolio orders stand at $45 billion,” Isaikin said.

Russia’s largest arms exporter works with more than 700 companies and organizations and cooperates with more than 70 countries. Rosoboronexport handles more than 85 percent of Russia’s arms and military equipment exports.