Seven Russian Companies Included in the Top-100 Arms Manufacturers

Seven Russian Companies Included in the Top-100 Arms Manufacturers

Russian Military Technologies, 03.02.2014

Arms sales growth of Russian companies in 2012 was particularly high because of government procurement. This is stated in a new report on the largest producers in the military industry, “TOP -100″ of the Stockholm International Peace Research Institute (SIPRI), issued on January 31 at the Conference on Security in Munich.

The list includes seven Russian manufacturers. “Almaz-Antey” JSC took the 14th place, “The United Aircraft Corporation” – the 18th place, “Helicopters of Russia” company – the 25th, “Sukhoi Aviation Holding Company” – the 36th, “United Engine Corporation” – the 38th, “United Shipbuilding Corporation” – the 46th , Dzerzhinsky OJSC “Research and Production Corporation Uralvagonzavod” took the 53rd place.

Russian arms manufacturers continue to maintain high export volumes, although much of the anticipated growth in sales accounts for the government procurement for 2011-2020, amounting to $ 700 billion.

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Russia Arms Sales Grew Sharply in 2012 – Report

Russia Arms Sales Grew Sharply in 2012 – Report

STOCKHOLM, January 31 (RIA Novosti) – Russian defense companies saw a large increase in arms sales in 2012 due to growing domestic procurement, an independent think tank said Friday.

The Stockholm International Peace Research Institute (SIPRI) released new data on international arms production, showing that while sales by companies in the United States, Canada and most West European countries continued to fall, arms sales by Russian firms increased by 28 percent.

Sales of arms and military services by the largest arms-producing companies totaled $395 billion in 2012, according to SIPRI’s annual list of the world’s 100 largest arms manufacturers.

The seven Russian companies that made it into the 2012 SIPRI Top 100, including Almaz-Antei, United Aircraft Corporation and Russian Helicopters, sold over $22 billion worth of weaponry.

“Russian arms companies continue to maintain high export levels, but the increase in estimated arms sales in 2012 mainly reflects large and growing domestic sales, as part of Russia’s $700 billion 2011–20 State Armaments Plan,” the institute said in a press release.

According to Sam Perlo-Freeman, Director of SIPRI’s Military Expenditure and Arms Production Program, “the Russian arms industry is gradually re-emerging from the ruins of the Soviet industry.”

“Nonetheless, the industry is still plagued by outdated equipment, inefficient organization and widespread corruption, which will continue to limit Russia’s ability to compete technologically with the West,” he said.

Russia became the world’s second-largest arms exporter in 2011, generating $13.2 billion in revenues.

In 2012, Russia exported $15.2 billion worth of weaponry while adding Afghanistan, Ghana, Oman and Tanzania to a list of about 80 foreign customers.

India remains the leading purchaser of Russian arms, with China, Vietnam, Myanmar, Venezuela and countries of the Middle East also figuring among the main clients of the Russian defense industry.