Russian Arms Sales Top $15.5 Billion for 2014 Despite Sanctions' Impact

© AP Photo / Anupam NathIndian Air Force (IAF) Sukhoi Su-30 fighter aircraft flies past during a parade at an airbase in Tezpur, India, Friday, Nov. 21 2014
Indian Air Force (IAF) Sukhoi Su-30 fighter aircraft flies past during a parade at an airbase in Tezpur, India, Friday, Nov. 21 2014 - Sputnik International
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Director of the Russian Federal Service for Military-Technical Cooperation stated that Russian weapons exports for 2014 stood at more than $15.5 billion and current orders for weapons deliveries stand at $48 billion.

Russia's next-generation Armata main battle tank, which due to be shown to the public at the 2015 Victory Day parade in Moscow, will undergo state testing in 2016 - Sputnik International
Russian Arms Trader Exceeds 2014 Sale Forecasts by $22Mln Despite Sanctions
LANGKAWI (Malaysia) (Sputnik) – Russian weapons exports for 2014 stood at more than $15.5 billion and current orders for weapons deliveries stand at $48 billion, the director of the Russian Federal Service for Military-Technical Cooperation said Thursday.

“We completed the 2014 plan with $15.5 billion, even exceeding [the plan] a bit,” Alexander Fomin said, adding that portfolio orders for weapons to foreign military clients currently stands at $48 billion.

According to Fomin, western sanctions “obviously had a negative impact on the FSMTC’s work,” but last year’s plan was fulfilled and that “this year’s results would be positive.”

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