Posted on 11/03/2010 8:38:34 PM PDT by ErnstStavroBlofeld
Russia's state-run arms exporter Rosoboronexport accounts for 85% of the country's arms sales worldwide, with the remainder coming from several companies authorized to deal in arms on the global market.
Rosoboronexport was established November 4, 2000 by presidential decree, replacing its predecessors, Rosvooruzheniye and the Promexport company.
In the past ten years, Russian arms exports have soared, growing from $3.7 billion in 2000 to $5.8 billion in 2004 and from $7.5 billion in 2007 to an estimated $10 billion this year.
With contracts totaling $34 billion, Russia is the second-largest exporter of arms and military equipment after the United States, and it is steadily expanding its presence on the arms market.
(Excerpt) Read more at en.rian.ru ...
Plenty of oil and defense jobs in Putinstan.
For a weapon conceived in 1889 and produced in 1891 its still a great weapon.
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