On November 4, 2018, Rosoboronexport, the sole state intermediary agency for Russia’s exports/imports of defense-related and dual use products, technologies and services, and a subsidiary of the Rostec State Corporation, celebrates its 18th anniversary.
“Rosoboronexport has become a world leader in supply of weapons and military equipment and reached record levels,” company’s webpage quoted Rostec’s Director General Sergey Chemezov. “Russia ranks world’s second in terms of the scope of military-technical cooperation. The Company’s order book stands well above $50 bln, while the total value of deliveries has exceeded $150 bln over the years. We continuously improve and offer foreign customers more and more new models of military equipment, often the best in the world in performance and competitive in terms of price and quality”.
In 2018, Rosoboronexport took part in 16 international exhibitions and forums, and six are yet to come before the end of the year. The Eurasian Air Show in Antalya, Turkey, the International Far Eastern Maritime Show in Vladivostok, and ADAS 2018 in the Philippines were its debut exhibitions.
According to Alexander Mikheev, company’s Director General, “Rosoboronexport continues to strengthen its position in the global market. Just recently, we signed the biggest-ever contract in company history to supply India with the S-400 Triumph anti-aircraft missile systems. In 2018, we delivered weapons and military equipment to over 40 countries, while over 1,100 contract documents on supplies worth about $19 bln were signed, 25% up to a year earlier.”
Rosoboronexport has been promoting various new military hardware including Buk-M3 Viking and Tor-E2 SAM systems, Sprut-SDM1 light amphibious tank, Karakurt and Sarsar vessels, Il-78MK-90A tanker aircraft, and Il-76MD-90A(E) military transport aircraft.
Government owned Rosoboronexport is one of the leading global arms exporters to the international markets. Its share in Russia’s military exports to over a hundred countries exceeds 85%.