Accessibility links

Russian Arms Exporter Reports $11 Billion In Sales In 2011


Naval personnel stand in front of Russian aircraft carrier "Kuznetsov" at the Mediterranean port Syrian city of Tartous in January.

Naval personnel stand in front of Russian aircraft carrier "Kuznetsov" at the Mediterranean port Syrian city of Tartous in January.

Russian state-run arms exporter Rosoboroneksport has reported sales of $11 billion in 2011, a rise of more than $2 billion from the previous year.

Anatoly Isaikin, general director of Rosoboroneksport, said the jump came despite billions in lost sales as a result of a UN arms embargo on Libya that targeted then-leader Muammar Qaddafi's regime.

Isaikin said Russia's main arms consumers include India, Venezuela, and Asia-Pacific states, and that air-defense technology accounted for just over half of all exports.

Syria's government is also a major purchaser of Russian-made arms.

Rosoboronexport currently provides arms to 57 countries worldwide.

Russia is the world's second-biggest arms exporter after the United States.

Compiled from agency reports
XS
SM
MD
LG