Russian military equipment will be in demand – President


Vladimir Putin chaired a meeting of the Commission for Military Technology Cooperation with Foreign States held via videoconference, presidential web page reports.

As he noted, “The results of military technology cooperation in 2019 were certainly positive. Despite the generally unfavorable situation and tough competition, the system of military technology cooperation with foreign states worked successfully. We not only implemented our plans in full, but also exceeded them by 2%. Military equipment worth over $15 bln was delivered abroad. The order portfolio amounts to over $55 bln. Our partners include about one hundred countries. Hosting the Russia-Africa Summit in October last year gave a good impetus. New contracts totaling about $1 bln were signed with African states.”

He also stated, “Russian military equipment will remain competitive and in demand due to its unique features and characteristics, as well as the most advanced developments.”

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