19 Nov 2013 15:42

Rosoboronexport portfolio of orders stands at $48 bln - company head

PARIS. Nov 19 (Interfax-AVN) - Rosoboronexport head Anatoly Isaikin expects the company's sales not to fall below $13 billion per year in the near future.

"The order portfolio currently stands at $48-48.5 billion. That's a variable figure. Even though we have delivered approximately $20 billion worth of military products this year, our portfolio is such in the end of the year," Isaikin told reporters on Tuesday at the MILIPOL 2013 exhibition in Paris on Tuesday.

As to whether Rosoboronexport can maintain annual sales of $13 billion, Isaikin said, "I am positive that the deliveries will not drop below that level."

"As a rule, we make the final prognosis at the end of the year. There is still a month to go. The most intensive work is usually completed at the end of the year," he said.

"We are expecting to sign a number of rather large contracts before this year ends," the Rosoboronexport head added.