Sergei Ivanov also said Russia had secured $33 billion worth of firm orders for arms deliveries.
"Russia is among the [world's] three leading arms exporters," he said.
He added that despite the global financial crisis none of Russia's foreign clients had reneged on their contracts.
The official stressed that the Russian government would continue providing ample financial assistance to defense industry enterprises.
"We will not leave our defense enterprises to face problems caused by the world financial crisis on their own," Ivanov said.
Russia has doubled annual arms exports since 2000 to $7 billion as of last year, becoming the world's second-largest exporter of conventional arms after the United States.
Russia exports weapons to about 80 countries. Among the key buyers of Russian-made weaponry are China, India, Algeria, Venezuela, Iran, Malaysia and Serbia.
The most popular types of weaponry bought from Russia are Sukhoi and MiG fighters, air defense systems, helicopters, battle tanks, armored personnel carriers and infantry fighting vehicles.
Russia also maintains traditionally strong positions in the sales of small arms and light weapons (SALW), and anti-tank and surface-to-air missile systems.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: A down-to-earth person
Infographics: The Linguistic Diversity of the Planet
Europe is not an alien civilization to Putin. If the Russian world wins, the European family would likely offer a place – possibly the pride of place – to a new and better Russia, with its large population consisting of many ethnic groups. By incorporating Crimea, Russia has not left Europe but has re-entered it after 20 years of living in isolation.