Rosoboronexport delivers $11 billion of defence equipment in 2019
So far in 2019, Russia’s state defence export company Rosoboronexport has supplied equipment worth some $11 billion and signed more than 800 contracts, it announced on 1 November.
'Rosoboronexport continues to strengthen its positions in the world arms market. Irrespective of fierce competition…’ said Rosoboronexport’s director general Alexander Mikheev. ‘Simultaneously, the portfolio of orders of the company keeps at the level of nearly 50 billion dollars, which guarantees the load for Russian defence industry enterprises for several years ahead,’ he added.
Summarising this year’s activities, Rosoboronexport said that it had started to promote foreign sales of a number of news military systems that will potentially become ‘bestsellers in the world market’. These systems include the Su-57E multipurpose fifth-generation fighter and the latest versions of Mi-28 and Mi-171 helicopters that have been modernised after combat evaluation.
This year, Rosoboronexport also offered to foreign customers the new Russian multiple launch rocket system (MLRS) Tornado-S, and new missiles including the Club-T and the Rubezh-ME coastal tactical missile system
‘In 2019 Rosoboronexport continued to strengthen its image of a reliable partner, a dynamic and flexible company, ready to run business effectively even in conditions of immense pressure from the part of competitors. We introduce successfully those financial arrangements, which make our cooperation with partners independent from unfavourable external conditions,’ added Alexander Mikheev.
‘This brings positive results. Despite sanctions, we have completed supplies of all the components of the S-400 air defence missile systems to Turkey ahead of time, and created and launched the first world’s joint venture on production of the Kalashnikov assault rifles of the “two hundred” series in India.’
Related Equipment in Defence Insight
More from Defence Notes
-
Malaysia’s defence budget sets out major procurement goals for 2026
The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force.
-
How Canada plans to “seize” the opportunity to increase investments in defence
The Canadian Department of National Defence has been increasing efforts to accelerate the acquisition of new equipment and modernise its in-service inventory.
-
Palantir and Boeing partner up to bring AI to defence manufacturing
The partnership with the US airframer will see Palantir’s AI software leveraged to help streamline data analytics across Boeing’s 12 factories on defence and classified programmes.
-
DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities
DroneShield disclosed to Shephard its plans to increase its workforce and manufacturing capacities while strengthening partnerships with US suppliers.
-
Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities
The technology organisation is expecting a significant rise in the number of staff working across robotics and digital solutions as it becomes more of a focal point.