Sunday, July 18, 2010

Russian Sees Defence Contracts Worth $38 bln in 2010

Russia's state arms exporter Rosoboronexport said on Friday its orders so far this year had exceeded $38 billion.It said aircraft and airborne weapon systems accounted for over 50% of all export orders."Despite serious competition, demand grows from year to year," the company said in a press release."Our cooperation is expanding with leading foreign manufacturers, especially on new joint projects and R&D programs."Rosoboronexport handles over 80% of Russian arms exports.

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