Russia’s military operation against Daesh has served as a major advertising campaign for some of the best weapons in its arsenal, helping to boost arms sales and attract new buyers. As a result, a single deal with Algeria for the delivery of 12 Su-32 bombers will likely cover Moscow’s expenses in Syria.
Russia’s engagement is estimated to have cost less than $500 million, according to figures circulated in the media in March. The deal with Algeria, inked in December 2015, is said to be worth up to $600 million, according to Global Security.In retrospect, Russia’s engagement was a “risky, but successful move,” Austria’s national daily broadsheet Der Standard observed. And it is what helped to push the deal forward.
Moscow had been in talks with Algiers for the delivery of the expert version of the Sukhoi Su-34 for eight years. The negotiations appeared to be moving nowhere. In late September 2015, Russia launched its campaign; the Su-34s took part in their first battle.
The aircraft’s performance was so impressive that defense experts expect it to become an export bestseller in the coming years.
“Experts say that future arms deals will bring Russia’s defense industry some $6.8 billion,” Der Standard added.
In this respect things are already going well for Moscow. Sergey Chemezov, CEO of Rostec Corporation, recently said that the export portfolio of Russian state arms exporter Rosoboronexport reached had $48 billion. This trend will most likely be reinforced.Russia’s arms exports amount to more than $15 billion annually, he added. Moreover, there has not been a single year when revenues dropped.
Leading buyers of Russian-made weapons include China, India and Vietnam, who Der Standard described as an “old and trustworthy client in Southeast Asia.” In addition, Algeria, Egypt and Iran also purchase Russian arms.