Contents tagged with Rosoboronexport

  • Russia starts supplying Saudi Arabia with Kalashnikov rifles

    Aleksandr Mikheev, the Director General of Russia's state agency for exports/imports of defense-related and dual use products (Rosoboronexport), stated at the IDEX arms exhibition that Russia has begun supplying Kalashnikov automatic weapons (AK-103) to Saudi Arabia, RIA Novosti reports. 

    According to him, the next stage is creating a new licensed production automatic weapon for Saudi Arabia and also for other third world countries. 

    In the next three to four months, the two parties will …

  • Russia not getting paid for arms shipments

    Russia has started making arms shipments without receiving payment due to the US sanctions that prohibit dollar transactions for Russia’s defense-related export company, Rosoboronexport, finanz.ru reports.

    The Russian Federal Customs Service’s (FCS) final statistics for 2018 appear to indicate that some of Russia’s weapons are being sold abroad for free, according to a review by Raiffeisen Bank analysts.

    By the end of the year, Russia’s export revenue had grown by 25.8% to $443 billion, which …

  • Russian military industry cut off from US dollar 

    US sanctions have led to the Russian military-industrial complex being cut off from dollar transactions, reports finanz.ru. 

    Although the portfolio of orders of the Russian state-owned arms exporter Rosoboronexport is estimated at $50 billion, the sale of weapons abroad does not bring in hard currency – the deals are made in rupees, yuans and rubles, which are harder to use to pay for imports. 

    Major defense contracts to supply S-400 systems have to be maintained outside the global dollar …

  • Russia wants to sell Igla-S MANPADS to India

    The news agencies Interfax and RIA Novosti, citing their sources, report that Russia’s tender to supply India with Igla-S MANPADS was accepted.

    At the same time, a TASS military-diplomatic source said that Russia had not yet won the tender, but “there is a high degree of probability that Russia will win in the competition to supply MANPADS.”

    Earlier, Reuters reported that the Russian arms exporter Rosoboronexport offered the lowest price among bidders for the supply of MANPADS for the Indian …

  • American sanctions against Russian state-owned arms exporter Rosoboronexport go into effect

    Washington has imposed sanctions against Rosoboronexport, accusing it of violating the U.S. nonproliferation of weapons in relation to Iran, North Korea, and Syria.

    JSC Rosoboronexport is the sole state intermediary agency for Russia's exports/imports of defense-related and dual use products, technologies and services

    The decision was made on April 30 and goes into effect on May 9, reported Interfax-Ukraine, citing the U.S. Federal Register.

    In accordance with the decision, no departments or …