The order-book of Russian arms exports stands at US$45 billion with $15 billion new orders singed at the end of 2017 which was double that of the previous year.
Russian President Vladimir Putin was quoted as saying by TASS at a meeting of the commission on military-technical cooperation: "The export of military hardware has grown for a third year in a row to more than $15 billion."
Putin further said: "At the end of last year the amount of contracts signed nearly doubled to $16 billion, which took the overall value of orders for Russian weapons and equipment received to more than $45 billion".
He said the experience of present-day wars and conflicts proves that ignoring means to protect the state sovereignty and security of people is inadmissible. "Russia will be actively developing military-technical cooperation with all interested countries, including in most high-tech segments - on those armaments for aviation, air defense, land troops and the Navy that have demonstrated their utmost efficiency during the Syrian operation," Putin added.
Russias most advanced PL-14 handgun or Lebedev pistol will soon enter serial production, the head of Izhevsk Mechanical Factory, part of the Kalashnikov Group firearms manufacturer, said. Factory Managing Director Alexander Gvozdik was quoted as saying by TASS at a presentation of the enterprises investment program on Monday: "The serial production of the Lebedev pistol will start in the short term"
Russia has developed a miniaturized nuclear power unit for cruise missiles and underwater drones which could potentially give them unlimited range. "Russia has completed the trials of miniaturized nuclear power units for cruise missiles of unlimited range and for autonomous submersibles of an oceanic multi-purpose system
Russias President Vladimir Putin announced Thursday the creation of a nuclear powered cruise missile that guarantees an unlimited range and high speed and is capable of penetrating any missile defense. Speaking at the annual State of the Nation Address to the Federal Assembly, Putin was quoted as saying by TASS: "Russia has created a small-size super-powerful power plant that can be placed inside the hull of a cruise missile and guarantee a range of flight ten times greater than that of other missiles
The Pentagon has awarded multiple contracts to six firms – Raytheon, Black and Veatch, URS Federal Services, Parsons Government Services International Inc., CH2M Hill Inc
A Mi-8 helicopter belonging to one of special services of the Russian Federation has crashed in Chechnya killing five people. There were nine people on board the helicopter and some are considered to have survived the crash
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