Russia’s military-technological cooperation with other countries last year totaled 6 billion dollars

Thursday, May 26, 2022

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Russia’s military-technological cooperation with other countries last year totaled 6 billion dollars, Deputy Prime Minister, Defense Minister Sergei Ivanov told President Vladimir Putin on Wednesday. The national defense-industrial complex enterprises have a package of contracts 22 billion dollars worth for several years to come, he said. Military-technological cooperation with other countries in 2004 stood at 5.5 billion dollars. “The 2006 state defense contract from the Defense Ministry alone has reached 236 billion rubles, 54 billion rubles more than in 2005,” Ivanov said. “Last year saw growth in foreign trade not only by the biggest arms exporter Rosoboronexport, which controls 85 percent of this market, but also by other entities, such as MiG, and Salyut. Rosoboronexport’s monopoly has eased. Ivanov pointed to considerable growth in the export of spare parts. “We have taken a number of steps to export spare parts under simpler rules. As a result the supplies of parts and components have tripled over three years.” In the last days of December 2005 several major contracts were concluded. “Our industry has major contracts to work on for several years to come. The export of military technologies has expanded in geographical terms, too. We maintain military-technological cooperation with 82 countries,” Ivanov said. He briefed Putin on his fact-finding trip to the Kaluga Region, where he inspected a number of arms manufacturing facilities. “The rumors our defense industry is in a very bad condition are not quite correct,” he said, adding that a number of major problems were still to be addressed, such as a shortage of personnel and raw materials and low upgrade rates.

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