Rosoboronexport achieves record levels in 2018

On 4 November 2018, Rosoboronexport, which is part of the Rostec State Corporation, celebrated its 18th anniversary. The Company was established in 2000 by decree of the President of the Russian Federation. "For 18 years, Rosoboronexport has become a world leader in the supply of weapons and military equipment and reached record levels. Today, Russia ranks second in the world in terms of the scope of military-technical cooperation. The Company’s order book stands well above $50 billion, while the total value of deliveries has exceeded $150 billion over the years. We continuously improve and offer foreign customers more and more new models of military equipment, often the best in the world in performance and competitive in terms of price and quality. More than 200 Rosoboronexport employees have been awarded state and departmental awards for their great contribution to the development of military-technical cooperation with foreign countries,” stated Rostec’s Director General Sergey Chemezov.

In 2018, the Company was actively engaged in efforts to promote and exhibit their products. Rosoboronexport took part at 22 international exhibitions and forums. The Eurasian Air Show in Antalya, Turkey, the International Far Eastern Maritime Show in Vladivostok and ADAS 2018 in the Philippines were debut exhibitions for the Company. “Despite unprecedented competition, Rosoboronexport continues to strengthen its position in the global market. Just recently, we signed the biggest-ever contract in company history to supply India with the S-400 Triumph anti-aircraft missile systems. In 2018, we delivered weapons and military equipment to more than 40 countries. At the same time, over 1,100 contract documents worth about $19 billion were signed. These  statistics suggest that the quality of Russian weapons and their proven performance are a determining factor for our partners,” stated Rosoboronexport’s Director General Alexander Mikheev.

Rosoboronexport has expanded its range of military products over the years and is actively promoting a number of new items of military hardware on the world arms market, including the Buk-M3 Viking and Tor-E2 SAM systems, the Sprut-SDM1 light amphibious tank, the ships Karakurt and Sarsar, Il-78MK-90A tanker aircraft and the Il-76MD-90A(E) military transport aircraft.

Rosoboronexport is the only state-owned arms trade company in the Russian Federation authorised to export the full range of military and dual-purpose products, technologies and services. It is a subsidiary of the Rostec Corporation. Founded on 4 November 2000, now Rosoboronexport is one of the leading world arms exporters to the international market. Its share in Russia's military exports exceeds 85 percent. Rosoboronexport cooperates with more than 700 enterprises and organisations in the Russian defence industrial complex.