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Russian Arms Exports to Exceed $13 Bln in 2017 - Rostec

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Russian arms exports are barely affected by sanctions and will total more than $13 billion this year, Rostec state corporation CEO Sergey Chemezov said in an... 14.03.2017, Sputnik International

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Russian Arms Exports to Exceed $13 Bln in 2017 - Rostec

07:33 GMT 14.03.2017 (Updated: 08:28 GMT 14.03.2017)

Russian arms exports are barely affected by sanctions and will total more than $13 billion this year, Rostec state corporation CEO Sergey Chemezov said in an interview Tuesday.

MOSCOW (Sputnik) — He added that the last year's earnings of the Rostec are expected to total $22 billion.

"Revenues grew significantly. The records will be ready in March-April, but I can say today that it is about 1.3 trillion [rubles]," Chemezov said.

"The sanctions did not have a fundamental impact on the export of Russian arms. Exports this year will be more than $13 billion. There will be no jolts up or down," Chemezov told Rossiya-24.