Growth in Russia’s Arms Exports Predicted After 5-Year Lull

In 2016, the United States’ exports amounted to $23.3 billion, “increasing their relative market share in comparison to Russia,” Jane’s analysts said.

Despite its projected growth in arms sales this year, Russia will further lag behind the United States in defense exports, as U.S. supplies are set to increase by 15.5 percent to $26.9 billion.

According to Jane’s in 2016, Russia sold military aircraft valued at $3 billion, military vessels at $920 million, land vehicles for $641 million, missile armaments for $610 million, and radars for $431 million.

The overall international shipment of arms increased by $ 4.3 billion to $62.5 billion in 2016, the authors of the Jane’s report said.


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