Rus­sia poised to ex­pand its arms sales

Truro Daily News - - CLASSIFIEDS/WORLD -

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.

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