Russia’s arms exports total $14-15B per year: Deputy PM
ITAR-TASS: PRIMORYE TERRITORY, RUSSIA. SEPTEMBER 4, 2014. A Russian soldier operates an unmanned aerial vehicle during a logistics exercise by the troops of Russia's Eastern Military District. (Photo ITAR-TASS/ Yuri Smityuk). Sketched by the Pan Pacific Agency.
KRASNOYARSK, Jan 12, 2020, TASS. Long-term orders of Russian arms by other countries amount to $55 bln, whereas annual exports of local arms and military equipment stand at $14-15 bln, Deputy Prime Minister Yuri Borisov said on Saturday, TASS reported.
“We have guaranteed long-term orders worth $55 bln, while annual sales amount to roughly $14-15 bln,” he said.
The share of civil production in the structure of the Russian defense industry’s output went up from 20.9% in 2018 to 24.1% in 2019.
The share of civil production amounted to 34.1% in 2019 in aircraft construction, 14.6% in radio-electronic industry, and 19.1% in shipbuilding, Borisov said referring to the Industry and Trade Ministry’s figures.
“President has set a goal to bring the share of civil production in the structure of the defense industry to 30% by 2025 and to 50% by 2030,” Deputy PM added.
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