Saturday, April 05, 2025
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Russian defense industry record orders in 2024

Moscow, Feb 17 (Prensa Latina) Export contracts for the Russian defense sector reached a record figure of 57 billion dollars at the end of 2024, said the director of the Rosoboronexport company, Alexander Mikheev.

“Our order portfolio reached a record amount in 2024 and continues to increase,” Mikheev told the Sputnik news agency on Monday, after the opening of the IDEX 2025 international defense fair that is being held in the city of Abu Dhabi from February 17th to 21st.

The executive stressed that Rosoboronexport carried out a broad campaign in 2024 to promote military, civil and dual-use equipment. “We presented to our foreign partners a series of key equipment both in Russia and abroad.”

In particular, he mentioned the Lancet-E drone, which has shown excellent results in real combat conditions, the Su-57 fifth-generation fighter, and military equipment modernized to take into account current military operations.

More than 85 percent of Russia’s defense exports are channeled through Rosoboronexport, which has signed contracts worth more than $4.5 billion so far this year with 15 countries, according to the company’s data.

jrr/llp/jha/gfa

LATEST NEWS
RELATED