13 Feb 2013 13:59

Rosoboronexport sells $12.9 bln worth of arms in 2012 - Isaikin

MOSCOW. Feb 13 (Interfax-AVN) - Rosoboronexport sold almost $13 billion worth of armaments and military hardware in 2012.

"Last year Rosoboronexport sold $12.9 billion worth of weaponry," Rosoboronexport General Director Anatoly Isaikin told a Wednesday press conference in Moscow.

Earlier reports said Rosoboronexport sold $10.718 billion worth of military products in 2011.

Isaikin recalled that Rosoboronexport arms sales stood at $8.7 billion in 2010.

Aircraft amounted to 37% of Rosoboronexport supplies in 2012. The share of Army weaponry and hardware grew to 27%. The percentage of naval armaments and air defense systems increased to 18% and 15% correspondingly.

Some 43% of all exports went to Southeast Asia and the Asia Pacific Region in 2012. The Middle and Near East and North Africa were the first runners-up. Eighteen percent of exports went to Latin America and 12% to CIS member states.

Rosoboronexport concluded $16.5 billion in contracts in 2012, mostly to supply aircraft and air defense systems.

The value of new contracts on aircraft and Army weaponry have grown by 2.9 times, air defense systems by 2.1 times and naval weaponry by 7 times since 2011, Rosoboronexport said.