Demand for Russian Weapons Exceeds Industry Capabilities

PHOTO by Mikhail Dzhaparidze / TASS

The export demand for certain types of Russian weapons exceeds the capacity of producers, Director for International Cooperation and Regional Policy of Rostec State Corporation Viktor Kladov said in an interview with the RNS agency.

According to him, the total portfolio of Rostec’s orders reached about $45 billion, which guarantees the workload of enterprises for three years ahead.

“Obviously, we can not afford not to enter into new contracts during the next three years. But the orders that we already have provide a stable ‘airbag’ for the Russian military-industrial complex,” Kladov added.

Russian Su-33 fighter jets launch from the aircraft-carrying cruiser "Admiral Kuznetsov"

He also noted that Russian aircraft and helicopters are the most popular types of Russian technology in the world, accounting for about 40% of total supplies.

Earlier in March, Russian President Vladimir Putin said that the volume of Russian military exports exceeded $15 billion in 2016. According to him, Russia confidently holds the second place in the world in terms of exports of military products.