MOSCOW, July 8 (UPI) -- Russia has exported $4.6 billion worth of armaments and military hardware in 2016, President Vladimir Putin said at a meeting of the Commission for Military Technology Cooperation with Foreign States.
"The exports of Russian-made weapons and military equipment have reached $4.6 billion, and our contract portfolio is worth more than $50 billion," Putin said at the meeting. "Russian weapons and military equipment have proven efficient and reliable in vastly different conditions."