Member-companies of Russia’s Rostec State Corporation signed agreements worth over 100 billion rubles ($1.5 billion) as part of the International Military-Technical Forum "Army-2018" held in Moscow last week.
Rostec companies included UralVagonZavod, Concern Tecmash, Rosoboronexport, High Precision Systems NPO JSC, TSNIITOCHMASH, Shvabe, Novikombank and other subsidiaries of Rostec. Firm orders came from countries in Asia, Africa and the Commonwealth of Independent States.
The agreements include supplies and maintenance of modern ground military equipment, drones, radio-electronic and melee weapons. Several financial arrangements were also made to ensure financing of developments and production, a Rostec release said today.
"The Forum proved again that interest in our developments grows. There are more and more negotiations regarding military-technical cooperation every year, and we are actively working with our main customers. This year we held over 120 meetings with Russian and foreign partners on the platform. We signed agreements for the amount exceeding 100 billion rubles," said Sergey Abramov, Industrial Director of Rostec.
Overall the Forum was attended by representatives from 118 foreign countries and 65 official military delegations, and 20 heads of military establishments of various countries.
As we had reported earlier, at "Army-2018", Rostec demonstrated over 450 samples of armaments, military and special equipment, including helicopters, tanks, infantry fighting vehicles, anti-aircraft missile systems with shells, new types of firearms, communications equipment, radio-electronic weapons, etc.
For instance, the following was presented: the Mi-35P, Mi-35M and Mi-28NE attack helicopters, the Mi-26T2V heavy-lift military transport helicopter, armored vehicles on the Armata platform, the first Sosna serial anti-aircraft missile system, the Sprut-SDM1 light amphibious tank, the Nerpa unmanned attack submarine, new types of ammunition, an exoskeleton and a chameleon helmet to equip the "soldier of the future" among others.
Rosoboronexport has signed 15 contracts with foreign customers of Russian military equipment at the Army 2018 event in Kubinka, Moscow region last week while vowing to move away from US dollar payments to overcome sanctions. “The sum of the export contracts signed by Rosoboronexport exceeded 20
The Bulgarian ministry of defense (MoD) has invited bids from Russian United Aircraft Corporation (UAC) and Belarusian 558 Aircraft Repair Plant (ARP) to overhaul its Su-25 fleet. The estimated value of the contract is 41 million levs ($24
United Engine Corporation (UEC), Russias sole aero-engine manufacturer has confirmed that the proposed ‘second stage engine for the Su-57 stealth fighter jet will have super-cruise function which will form a part of the aircrafts stealth functionality. Super-cruise is a key requirement for a stealth aircraft and this is being cited as the key reason for India reportedly halting its participation in the Fifth Generation Fighter Aircraft (FGFA) project which involves developing a new aircraft for India based on the Su-57 development
Russian MiG Aircraft Corporation is developing MiG-41, a fifth generation fighter-interceptor, which will replace the MiG-31 fighters. "No, this is not a mythical project, this is a long-standing project for the MiG and now we are carrying out intensive work under the aegis of the UAC [the United Aircraft Corporation] and will present it to the public soon," MiG CEO Ilya Tarasenko was quoted as saying by
A new coating applied to the glass canopy of Russias Su-57 stealth fighter jet and the Tu-160 strategic bomber will cut down the radar cross-section of the aircraft by up to 30%. The glass coating developed by specialists of the Obninsk-based Technologiya R&D Enterprise (part of RT Chemcomposite Group within Rostec) is made of metal oxide layers 70-90 nm thick
India to Purchase Su-30MKI Jets from HAL for INR 3,000Cr
India’s Larsen and Toubro Opens new K9 Vajra Self-propelled Howitzer Manufacturing Facility...
Russian Heavy-lift Rocket Defective
Serbia to Buy Seven Mi-35, Three Mi-17 Helicopters from Russia
US Blocks Sale of Sukhoi Superjet Aircraft to Iran
Gripen Prospects Brighten as Croatia Threatens Israeli Used F-16 Deal Cancellation
Chinese Aircraft Maker Issues RFP for Stealth Aircraft’s Target Detection Systems
South Korean Air Defence System Beat Russian Tunguska-M1, Pantsir in Indian Trials
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...
The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...
The Indian MoD's plan to purchase 110 fighter jets may be its costliest fighter jet buy ever with the entire...