facebook
twitter
rss
account
search
search
 

Russia boasts of arms export surge

Jan. 22, 2013 at 1:28 PM   |   Comments

MOSCOW, Jan. 22 (UPI) -- Russian military sales to foreign clients have expanded despite past concerns about the quality of defense equipment, an official said.

Alexander Fomin, director of Russia's Federal Military-Technical Cooperation Service, said military sales by Russian companies surpassed 2011 figures of $13.2 billion, when Russia was the No. 2 arms exporter after the United States.

"The volume of arms exports has reached $15.16 billion, according to preliminary calculations," he was quoted by state-run news agency RIA Novosti as saying.

Fomin said the Russian armed services have seen exports triple in revenue since 2003.

Russia's client base includes Syria, which has put it at odds with the U.N. Security Council seeking to find a solution civil war there.

Fomin refuted allegations that Russian military products were inferior to other arms exporters. The Algerian government in 2007 refused a Russian shipment of MiG-29 fighters after complaining of their quality.

"We have been issuing fewer licenses to replace or repair exported products, which is an encouraging trend," he said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Six Flags fight leaves boy critically injured, may have been organized on Twitter Six Flags fight leaves boy critically injured, may have been organized on Twitter
2
Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces
3
Mayor of L.A. suburb shot, killed inside home Mayor of L.A. suburb shot, killed inside home
4
Wisc. reporter told 'not to speak to crowd' at Michelle Obama event Wisc. reporter told 'not to speak to crowd' at Michelle Obama event
5
Jury in 'loud music' retrial to get case Wednesday morning Jury in 'loud music' retrial to get case Wednesday morning
Trending News
x
Feedback