Russia eyes global lead in arms exports

As Russia boosts its position as one of the world’s largest arms exporters, the Russian defense industry sees few rewards from increased revenues, as the best equipment goes to outsiders, while the armed forces relies on upgrades.

By Sergei Blagov in Moscow for ISN Security Watch (24/11/06)

Russian arms exporters have amassed billions of dollars in overseas orders and raised actual weapons exports, but Russian officials say it is too early to claim the top position among the world’s leading weapons exporters, as Moscow targets the developing world.

Read more…