Companies in the Russian defense industry are beginning 2016 with optimism: The contracts in their portfolio exceed $50 billion, and the military campaign in Syria has been excellent advertising for Russian armaments.
In an article published last week in Kommersant–Dengi magazine, writer Ivan Safronov analyzed the internal (economic) and external factors which will impact armament exports in the new year. He also predicted which countries will buy arms from Russia in 2016, and in which quantities.
Following are excerpts from Safronov’s article:[1]
Adopting To The New Economic And Political Realities
“…According to the Federal Authority on Military Technical Cooperation (MTC),[2] the export of Russian weapons has increased dramatically during the last 11 years, from $5 billion to $11.3 billion. However, even though Russia has arms contracts with some 60 countries, most of the revenue comes from five or six major players. Although the sales figures for 2015 has not been officially announced, we know that as of December 1, $11.6 billion worth of military equipment was exported. Existing contracts for future military sales total $57 billion. Continue reading
Tag Archives: Russian military hardware
Cairo bids for brand-new Russian SS-25 ballistic missiles in major arms transaction with Moscow
Lt. Gen. Vyacheslav Kondrashov, Russian Deputy chief of staff and head of GRU military intelligence, spent the first day of his visit to Cairo, Tuesday, Oct. 29, with Egyptian military chiefs, going through the list of Russian military hardware items they want to buy in their first major arms transaction with Moscow in more than three decades, debkafile’s military sources report. The Egyptians asked Moscow to supply the sort of advanced weapons withheld by the United States, and topped their shopping list with medium-range intercontinental ballistic missiles that cover Iran and most of the Middle East.
They told the Russian general that Moscow’s good faith in seeking to build a new military relationship between the two governments would be tested by its willingness to meet this Egyptian requirement. Continue reading
China to Bolster Defense Ties With Post-Soviet States
From the state-run (KGB/FSB) propaganda outlet, Ria Novosti:
BISHKEK, June 26 (RIA Novosti) – Beijing is committed to boosting its defense collaboration with member states of a post-Soviet security group that includes Russia, China’s defense minister said Wednesday.
Joint military exercises as part of the Shanghai Cooperation Organization, which also includes Kyrgyzstan and neighboring Central Asian states, are a “real necessity” for ensuring regional peace and stability and “enhancing political and strategic confidence,” Chinese Defense Minister Chang Wanquan said on an official visit to Bishkek. Continue reading