Rosoboronexport unaffected by COVID-19 pandemic
Rosoboronexport has not suspended any of its activities as the coronavirus outbreak gradually grows in Russia, according to a 16 April statement.
The company has set up a joint operational headquarters with the Federal Service for Military-Technical Cooperation, Ministry for Industry and Trade, Rostec State Corporation and regional authorities to ensure the defence industry continues to meet contract expectations.
Alexander Mikheev, Director General of Rosoboronexport, insisted: ‘COVID-19 has not stopped Rosoboronexport’s activities in the field of military-technical cooperation with foreign countries.’
Mikheev added that there is ‘a sufficient safety net to ensure that the global pandemic… and related constraints do not have a critical impact on the established business contracts and good relations with more than 100 countries worldwide’.
The business-as-usual approach of the company reflects the wider attitude towards the virus held by the Russian Armed Forces as they continue to hold regular training exercises and drills across the country. However, the Victory Day parade in Moscow, scheduled originally for 9 May, has been postponed.
More from Defence Notes
-
How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
-
US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
-
Can the US overcome Russian and Chinese nuclear capabilities?
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
-
US FY2024 funding package passes as China closes military capability gap
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
-
NATO outlines future challenges as Ukrainian funding from US stalls
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.