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Russian Arms Export Tops $6Bn In 2005

File photo of the TOR M1 Surface to Air missile defense system.
by Staff Writers
Moscow, Russia (XNA) Jan 24, 2006
Russian exports of weapons totaled 6 billion U.S. dollars in 2005, rising by a half billion dollars from the previous year, Defense Minister Sergei Ivanov said on Wednesday.

Ivanov, who is also deputy prime minister, was quoted by the Interfax news agency as telling President Vladimir Putin that while export volume increased, the geography of Russian arms exports arms also expanded.

"We are now involved in military technological cooperation with 82 states," he said.

Several large contracts were signed in December, bringing the total contract portfolio to 22 billion dollars for the next few years, Ivanov said.

India is a major buyer of Russian arms, receiving about 40 percent of its exports.

In November, Russia cut a 1-billion-dollar deal with Iran to supply it with Tor-M1 short-range missiles

source: Xinhua News Agency

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Russia Sells Rocket Launching Vehicles To India
Moscow (AFP) Jan 24, 2006
Russia will deliver a supply of Smerch multiple rocket-launching vehicles to the Indian army, Russian arms exporting agency said Monday, according to news agency Ria-Novosti.







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