MOSCOW. Dec 7 (Interfax) - Russian weapons and military hardware are in demand, and such exports will total $12.8 billion this year, Rostec CEO Sergei Chemezov said.
"Our military hardware is in demand. The volumes are practically unchanged this year, and we are expecting the deliveries to total $12.8 billion. About $10 billion worth of products have been shipped as of this date, and I think we will reach the target before the end of December. As a rule, shipments are the biggest in the end of the year," Chemezov told the press in response to Interfax's question.
In his words, Rosoboronexport managed to retain the $50-billion book of orders.
"There was a slight decline in demand, considering that our partners had to refocus some of their defense budget funds on fighting coronavirus. Nonetheless, our work continues. Suspended air travel also constituted a problem. Shipments would have been performed faster otherwise," Chemezov said.