Russian defence companies see growth, for now
Russian defence companies saw a 20% rise in sales last year, according to a new report analysing the world’s top 100 arms producers. Several Russian manufacturers have moved up the pecking order from 2012 with Almaz-Antey – maker of air defence systems – now almost in the top ten.
Details of the strong growth in the Russian defence sector were revealed 15 December by Swedish think-tank the Stockholm International Peace Research Institute (SIPRI) in its annual report on the top 100 international defence firms.
‘The biggest driver [of sales] has been the domestic market,’ explained Siemon Wezeman, senior researcher with
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Companies’ results boom as countries dig deep to buy missiles and air defence systems]()
Companies’ results boom as countries dig deep to buy missiles and air defence systems
Air defence systems are continuing to appear top of countries’ shopping lists but broadly across different capabilities it is a sellers’ market, as demonstrated by backlogs and double-digit percentage point growth.
-
![Details revealed on Germany’s big spending plans]()
Details revealed on Germany’s big spending plans
In May this year, German Chancellor Friedrich Merz said the government plans to position Germany as “Europe's strongest conventional army”. A new blueprint outlines how this is going to occur through massive investment.
-
![European Council to deliver at “pace and scale” on European defence readiness 2030 roadmap]()
European Council to deliver at “pace and scale” on European defence readiness 2030 roadmap
Two of the concrete projects outlined in the readiness report, the European Air Shield and Space Shield, will aim to be launched by Q2 2026.
-
![Malaysia’s defence budget sets out major procurement goals for 2026]()
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.
