- Russian defense industry production up 2.5% in 1Q09
- Russia reports $27 bln in arms export orders
- Rosoboronexport projects $7 bln in arms exports this year
- Russia to boost arms exports by 6% to $8.5 bln in 2009
LE BOURGET, June 15 (RIA Novosti) - The volume of Russian arms exports in 2009 will exceed $8 billion, the head of Russia's delegation to the International Paris Air Show said Monday.
"I hope very much that we will fulfill this plan. Aviation has always occupied a considerable part of our exports - 48-50% in 2008, and I think this tendency will be preserved for 2009," Alexander Fomin, first deputy head of the Federal Service for Military-Technical Cooperation, said at Le Bourget 2009.
The general director of state arms exporter Rosoboronexport told RIA Novosti on Monday that military aviation would account for more than half of Russian military exports in the next five years.
Anatoly Isaikin added that Rosoboronexport alone exported goods worth $6.72 billion in 2008, and said sales to European counties represented about 5-7% of Rosoboronexport's total trade volume.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Classic Car Rally in St. Petersburg
Infographics: Global Warming: Predicting Future Disasters
Cartoons: Polar Explorer Day
The growing outright rivalry between the United States and China gives Russia more foreign policy weight, enabling it to assume the role of a balancer. So far it has been doing so rather skillfully. Today it may participate in a joint naval exercise with China that Beijing positions as outwardly anti-American. But tomorrow it can team up with the naval forces of the Old World.