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Feb. 19, 2007
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Russia Hits Record Weaponry Exports
The weaponry exports reached $6.5 billion in 2006, which was the absolute record since the system of national military and technical cooperation emerged in Russia, said Mikhail Dmitriev, director of Russian Federal Service for Military and Technical Cooperation (FSMTC) and the chief of Russia’s delegation at the IDEX 2007 weaponry show.
In the past six years, Russia’s weaponry exports soared from $3.7 billion in 2001 to 4.8 billion in 2002, $5.6 billion in 2003, $5.8 billion in 2004, $6.1 billion in 2005 and finally to $6.5 billion in 2006.

Russia exported weaponry to 64 countries worldwide past year vs. 57 states in 2004 and 61 in 2005. In terms of the aggregate value, the combat aircraft was again the export leader. The size that had never sunk below 30 percent of the overall exports in the recent years soared to 49.9 percent in 2006.

The exports of combat vessels that surged in 2005 narrowed to just 27.3 percent past year, while the exports of ground machinery stood relatively still at 11.4 percent and exports of air defense systems widened to 9.2 percent.

“The experts of FSMTC forecast the aggregate value of Russia’s weaponry exports to exceed $7 billion in the short term,” Dmitriev said as quoted by ITAR-TASS.
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