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Russia's Arms Export Orders Total $52Bln - FSMTC Director

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Director of the Federal Service for Military-Technical Cooperation said that Russia's portfolio of arms export orders currently totals $52 billion. 17.10.2016, Sputnik International

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Russia's Arms Export Orders Total $52Bln - FSMTC Director

12:50 GMT 17.10.2016 (Updated: 12:56 GMT 17.10.2016)

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Director of the Federal Service for Military-Technical Cooperation said that Russia's portfolio of arms export orders currently totals $52 billion.

Russia

Russia’s Current Arms Export Contracts Portfolio Totals Over $54 Billion

29 March 2016, 07:00 GMT

MOSCOW (Sputnik) – Russia's portfolio of arms export orders currently totals $52 billion, Alexander Fomin, director of the Federal Service for Military-Technical Cooperation, said Monday.

"Despite the sanctions, we are fulfilling our commitments before foreign partners," Fomin told reporters in Moscow.

According to Fomin, Russia is expected to sell about $15 billion worth in weaponry, both in 2016 and 2017.