Source: DTN News / RIA Novosti(NSI News Source Info) MOSCOW, Russia - June 1, 2010: Russia may export 232 new multi-role fighters worth over $10 billion in 2010-2013, a Russian think tank reported on Monday. 
"A total of 821 fighter jets worth $53.3 billion will be sold on world markets in 2010-2013. The Russian share during this period will be 19% in revenues and 28.2% in quantity," Russian-based World Arms Markets Analysis Center said in a report.
The think tank estimates the exports of 175 Su-family fighter jets worth $7.7 bln and 57 MiG-family aircraft worth $2.4 bln under existing contracts, licensed production contracts or deals that are close to be concluded.
Russian arms sales were worth over $8.5 billion last year, including $7.4 billion via state arms exporter Rosobornexport, whose sales increased 10% y-o-y.
Sales of combat aircraft constitute the bulk of exported weaponry. Russia expects to boost arms sales by 12% in 2010 and continue the growth trend in the future.
Russia's main arms customers are India, Algeria, China, Venezuela, Malaysia and Syria. Vietnam also emerged as a key importer after it signed a deal to buy submarines, aircraft and other military hardware from Russia late last year.
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"A total of 821 fighter jets worth $53.3 billion will be sold on world markets in 2010-2013. The Russian share during this period will be 19% in revenues and 28.2% in quantity," Russian-based World Arms Markets Analysis Center said in a report.
The think tank estimates the exports of 175 Su-family fighter jets worth $7.7 bln and 57 MiG-family aircraft worth $2.4 bln under existing contracts, licensed production contracts or deals that are close to be concluded.
Russian arms sales were worth over $8.5 billion last year, including $7.4 billion via state arms exporter Rosobornexport, whose sales increased 10% y-o-y.
Sales of combat aircraft constitute the bulk of exported weaponry. Russia expects to boost arms sales by 12% in 2010 and continue the growth trend in the future.
Russia's main arms customers are India, Algeria, China, Venezuela, Malaysia and Syria. Vietnam also emerged as a key importer after it signed a deal to buy submarines, aircraft and other military hardware from Russia late last year.
Related News
*Russia wins large contract to modernize Indian Su-30MKI fighters - media
*India to arm 40 Russian-built fighters with BrahMos missiles
*Russia completes delivery of Su-30 fighters to Algeria
*Rosoboronexport earned $3.5 bln since start of 2010 - CEO
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