PARIS (Sputnik) — The share of naval equipment in Russia's arms exports totals 10 percent or $1.5 billion, Anatoly Punchuk, deputy director of the Russian Federal Service for Military-Technical Cooperation, said Tuesday.
"The share of naval equipment in Russia's total foreign orders arms sales in 2015 constituted about 10 percent. It was worth some 1.5 billion," Punchuk, who heads the Russian delegation at the Euronaval-2016 defense exhibition in France, told RIA Novosti.
Russia is one of the biggest arms exporters in the world with some $15 billion worth of weapons and military equipment, according to the FSMTC estimates.
In 2015, Russia supplied Vietnam with two diesel submarines within the framework of the agreement on the delivery of six Varshavyanka-class Project 636 submarines. The same year, India expressed interest in the purchase of Russia's Project 11356 frigates.