Rosoboronexport, Russia’s state-run arms exporter, expects to make up to $9.5bn in arms sales this year, Rosoboronexport head Anatoly Isaikin has said.

“Rosoboronexport’s portfolio [of orders] is about $38.5bn; this is the target we hope to meet in three years,” he added.

Of the $8.6bn Russian arms exported last year, aircraft and related equipment accounted for 43%, ships and naval equipment 22%, arms and military equipment for ground forces 10%, and air-defence systems 13%.

The company aims to hold on to its position as the world’s second-largest arms exporter after the US, according to RIA Novosti.

Army Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Army Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now