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Russian Sold 15.5 Billion dollars Worth of Arms in 2014

19.03.2015 12:06

Russian weapons exports for 2014 stood at more than 15.5 billion and current orders for weapons deliveries stand at 48 billion, the director of the Russian Federal Service for Military-Technical Cooperation said Thursday.

"We completed the 2014 plan with 15.5 billion, even exceeding the plan a bit," Alexander Fomin said, adding that portfolio orders for weapons to foreign military clients currently stands at 48 billion.

According to Fomin, western sanctions "obviously had a negative impact on the FSMTC's work," but last year's plan was fulfilled and that "this year's results would be positive."