Earlier in the day, Rostec CEO Sergey Chemezov said that Rosoboronexport was planning to sell more than $13 billion worth of weapons in 2016.
"This year's plan stipulates sales of arms worth some $13 billion, we have already sold [arms] at a cost of $7 billion, that means more than a half [of our target]," Sergey Goreslavsky said, speaking at the Army-2016 military forum.
He added that Russia would receive large payments under its contracts with Iran and China by the end of the year.
The Russian Defense Ministry's Army-2016 forum is taking place on September 6-11 in Kubinka, a western suburb of Moscow. The forum brings together representatives from the Russian defense industry, research institutes, universities, as well as foreign companies. Over 800 Russian and foreign participants are expected to be involved in some 7,000 exhibitions throughout the week. The forum's participants and guests will attend a number of conferences and roundtables to discuss the future development of military technology.
