Largest Arms Sales List Includes 11 Russian Firms

© RIA Novosti . Alexey Nikolsky / Go to the mediabankRussia's Almaz-Antey air and missile defense systems producer ranked 20th, the highest position any of the country's firms, with sales at $3.95 billion.
Russia's Almaz-Antey air and missile defense systems producer ranked 20th, the highest position any of the country's firms, with sales at $3.95 billion.  - Sputnik International
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Eleven Russian firms are included in a rating of the world's largest arms-producing companies, released by the Stockholm International Peace Research Institute (SIPRI) on Monday.

Eleven Russian firms are included in a rating of the world's largest arms-producing companies, released by the Stockholm International Peace Research Institute (SIPRI) on Monday.

The SIPRI Top 100 rating for 2010 shows the volume of arms and military service sales reached $411.1 billion, while the sales volume of Russian firms amounted to $18.6 billion. The number of Russian arms producers and sellers increased by nine since 2009.

Russia's Almaz-Antey air and missile defense systems producer ranked 20th, the highest position any of the country's firms, with sales at $3.95 billion.

The United Aircraft Corporation is at 21st place with sales of $3.44 billion, while Russian Helicopters, which designs and manufactures civil and military aircraft, ranked 47th with sales of $1.91 billion.

"The data for 2010 demonstrates, once again, the ability of the major players to continue selling arms and military services despite the financial crises currently affecting other industries," SIPRI arms industry expert Dr Susan Jackson was quoted as saying.

 

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