Russian Military Exports Grow As Rosoboronexport Seeks To Expand Client Base | Aviation International News

Russian Military Exports Grow As Rosoboronexport Seeks To Expand Client Base

Russian military exports grow as Rosoboronexport seeks to expand client base

By Vladimir Karnozov

July 8, 2012

Geopolitical shifts including regime-change in Libya, the stiffening of international sanctions against Iran and violent unrest in Syria, are among the trends compelling Russian military export agency Rosoboronexport to keep looking for new clients worldwide. This is, to a large degree, one of its primary motives for exhibiting at the Farnborough International Airshow.

But despite the aforementioned problems, Russian military equipment sold well last year with Rosoboronexport reporting deliveries valued at approximately $12 billion–representing almost a 16-percent increase on 2010. This followed a period of stagnation around 2007 to 2009, when the annual totals had dipped to between $7.5 billion and $8.5 billion.

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