Russia signs arms export contracts worth over €3 B during summer defense exhibitions

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Russian state-owned defense manufacturer Rostec announced that its subsidiary Rosoboronexport held negotiations with foreign partners and signed over 30 contract documents worth over 3 billion euros during summer exhibitions; the ARMY-2021 Military-Technical Forum, MAKS-2021 Air Show and IMDS-2021 Maritime Defense Show.

Rosoboronexport has leveraged the full potential of Russian summer defense exhibitions, thereby replenishing its order portfolio and increasing the workload of the domestic defense enterprises: the export plan now includes Su-30-type aircraft, Mi-35M/P, Mi-171Sh and Mi-17V-5 helicopters, aircraft weapons, Pantsir-S1/S1M self-propelled anti-aircraft gun/missile (SPAAGM) system, Verba MANPADS, Protivnik-GE radar, Krasukha electronic warfare system, Repellent-Patrol mobile anti-drone EW system, Kornet-EM ATGM system, remote controlled weapon stations, weapons for surface combatants and submarines, small arms, ammunition. An agreement was reached on integrating Russia’s Palma shipborne gun/missile close-in weapon system (CIWS) into a ship’s foreign-made weapons system.

"Russia’s successes in military-technical cooperation prove that the domestic industry is capable of developing new unique products and solutions that are in demand in the market. At the same time, a qualitative renewal of the plants and design bureaus’ fixed assets, their timely retrofitting and upgrading at the expense of funds received from the implementation of state defense orders and export contracts, launches the processes of positive transformation of infrastructure in regions, from household facilities to science schools, technology parks and experimental laboratories accessible to youth," said Alexander Mikheev, Deputy Chairman of the Russian Engineering Union (REU), Director General of Rosoboronexport.

Among new Russian products presented at Russian exhibitions this summer, foreign partners paid special attention to the T-14 Armata tank, combat vehicles based on the Boomerang platform, Orion-E reconnaissance/strike UAV, Antey-4000 battlefield air defense missile system, Pantsir-S1M SPAAGM system, the fifth-generation Su-57 fighter, BMP-3 with the Berezhok combat module, other equipment. More than 80% of Rosoboronexport's annual deliveries fall on products manufactured at REU’s enterprises: Rostec’s holding companies, including Russian Helicopters, High-Precision Systems, United Aircraft Corporation, and other domestic defense enterprises.

"The enterprises associated in the Russian Engineering Union are a strong growth driver of the Russian economy, which greatly contributes to the development of military-technical cooperation: their high-tech products are heavily exploited by partners from more than 100 countries, in the most challenging climatic and combat conditions," said Alexander Mikheev.

Systemic cooperation with REU enterprises is carried out in all regions of the country, enabling Rosoboronexport to continuously replenish its "library of offset projects" aimed to promptly engage domestic enterprises in drawing up tender bids for foreign buyers.

Today, Rosoboronexport's portfolio of export orders exceeds $52 billion.

 
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