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Monday, May 23, 2016

Arms trade

Russia to receive $14 bln from miltary hardware export in 2016 — official

Russia plans to receive $14 billion from export of military hardware in 2016, the chief of the federal service for military-technical cooperation, Alexander Fomin has said.
"In 2016, Russia plans to get $14 billion from the export of military hardware, while the overall portfolio of sales abroad exceeds $50 billion," he said.
In his words, the country's plan of military hardware export significantly exceeds the figure of $14 billion. Fomin added that Russia's order portfolio for this year amounts to $52-56 billion.

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