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Russia Expects To Sell $16 Billion In Arms Exports For 2016

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Dec 31st 2015, 16:00

© Sputnik/ Artem Zhitenev

IBTimes: Russia Arms Exports Crossed $15B In 2015, Moscow Plans Similar Sales For 2016

Russia exported over $15 billion worth of arms in 2015 and plans to sell similar volumes of military equipment in 2016, an official from the Russian Federal Service for Military-Technical Cooperation reportedly told Ria Novosti on Wednesday. The sales figures come despite several economic sanctions against Russian companies by Western powers over the Ukraine conflict.

"The plan for 2015 has been completed with the production of military equipment delivered with a total of $15.2 billion and deliveries are continuing," the official told Ria Novosti, according to Sputnik News, adding: "Next year's main goal is to retain the second place [after the United States] in exporting weapons in the world."

Update #1: Russia Plans Arms Export Sales of $15 Billion in 2016 -- Sputnik
Update #2: Russia plans more than $15bn arms exports in 2016 -- RT

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

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