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DefenseRussia Exports Over Five Billion Dollars In Arms In First Half Of 2010

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by Staff Writers
Zhukovsky, Russia (RIA Novosti) Jul 06, 2010
Russia has exported $5.3 billion worth of weapons-related production in the first six months of 2010, the head of the Federal Service for Military-Technical Cooperation (FSMTC) said on Wednesday.

"With a plan for $9.5 billion, we have delivered $5.3 billion in [weapons-related] production in the first six months [of 2010], which constitutes 56% of the plan," Mikhail Dmitriyev told the Engineering Technologies International Forum 2010 in the town of Zhukovsky near Moscow.

In 2009, the figure was $8.5 billion.

Dmitriyev said the FSMTC supports three Russian exhibitions - the annual MAKS air shows, the International Maritime Defense Shows in St. Petersburg and the international forum in Zhukovsky.

He added that from this year on, the forum will be held on the territory of the Transport Exhibition Complex Russia in Zhukovsky.

Earlier this month, Russian business daily Vedomosti said the Defense Ministry may spend as much as $12.2 billion on European and Israeli weaponry purchases by 2016.

Source: RIA Novosti



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