facebook
twitter
rss
account
search
search
 

Russian arms sales hit $14B

Dec. 17, 2012 at 2:39 PM   |   Comments

MOSCOW, Dec. 17 (UPI) -- Russian arms sales will exceed $14 billion in 2012, more than $500 million over its forecast, Russian President Vladimir Putin said.

The total puts Russia second among nations in arms sales, behind the United States, which reported $34.8 billion in weapons revenue last year, RIA Novosti reported Monday.

Russia's best customer is India, followed by Vietnam, Myanmar, Venezuela and several Middle Eastern countries, the news agency said.

In addition to the $14 billion in sales, Putin told ministers with the Russian Federal Service for Military and Technical Cooperation the country has secured another $15 billion in future contracts.

© 2012 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
Iranian woman accused of killing attempted rapist executed Iranian woman accused of killing attempted rapist executed
2
Terry Keenan, former CNN, Fox News anchor, dead at 53 Terry Keenan, former CNN, Fox News anchor, dead at 53
3
Top NSA spy is leaving position after conflict of interest accusations Top NSA spy is leaving position after conflict of interest accusations
4
California Marine dies in Islamic State mission in Iraq California Marine dies in Islamic State mission in Iraq
5
Woman pleads not guilty to rape of Seattle man Woman pleads not guilty to rape of Seattle man
Trending News
Around the Web
x
Feedback