Russia poised to expand its arms sales
MOSCOW — A top Russian official says Moscow hopes to expand its share of the global arms market. Dmitry Shugayev, head of the Federal Service for Military-Technical Cooperation, said Wednesday that foreign orders for Russian weapons to be delivered over coming years amount to almost $50 billion.
Russia’s arms sales last year totalled US$15 billion, making it the world’s secondlargest arms exporter after the United States. Sales this year are expected to be around that level. Shugayev cited expert estimates saying Russia accounts for 27 per cent of the global military aircraft market, about 30 per cent of land weapons and some 20 per cent of air defence systems sold worldwide.