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
-
Turning the Hiroshima Accord into Action: Enhancing UK-Japan Defence Collaboration (Studio)
The UK-Japan strategic partnership leverages joint defence initiatives, advanced technologies, and SME integration to enhance military capabilities, foster innovation, and ensure regional and global stability through collective action and effective project management.
-
NATO countries outline strategies to accelerate defence industrial production
During the Washington Summit, member states also agreed to improve manufacturing capacities across the alliance and continue investing in joint projects with Ukraine.
-
Why the US military needs an “innovation intervention”
Several issues in the Pentagon’s structure and the defence industrial base have been hampering the country's efforts to produce cutting-edge solutions.