In what could be a record arms sales for Russia, the country's state-run Rosoboronexport has signed contracts worth $5.2 billion and its order book has reached $52 billion in the first four months of 2019.
"We have made deliveries worth $4.9 billion this year and received $4.6 billion worth of proceeds. We have signed contracts worth $5.2 billion and the order book totals about $51 billion," Rosoboronexport Chief Alexander Mikheyev said on Thursday.
He added that despite the sanctions and blockages, the company is able to fare well, according to TASS.
"Despite the sanctions policy and the impact on the entire system of military and technical cooperation … despite the situation that has developed around the state exporter [Rosoboronexport], we are complying with all our commitments," he stressed.
The company presented a new book at the Institute of the State and Law at the Russian Academy of Sciences on Thursday, that dealt with legal foundations of military and technical cooperation that deal with the aspects of legal regulation in this sphere.
Saab Begins Production of USAF T-7A’s Aft Fuselage
GA-ASI Demos Multi-Domain Operations Using Gray Eagle ER Drone
Boeing 737 MAX To Resume Operations in Mid-2020
F-35 Sensors Aid Army’s IAMD Battle Command Systems To Engage Multiple Aerial...
Algeria In Talks With Russia for a Dozen Su-57 Jets
Junked Railway Rake Mistook for Indian ICBM
France “Obstructing” Turkey-Eurosam Missile Defence System Project: Turkish Official
Turkey All But Gives up on F-35 Jet Deal, Seeks Alternatives
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...