Russia to Keep Arms Exports at $15Bln Annually for Next Three Years

Russia will export annually weaponry and military equipment worth some $15 billion for the next three years, Anatoly Punchuk, the deputy director of the Russian Federal Service for Military-Technical Cooperation (FSMTC), said Wednesday.

MOSCOW (Sputnik) — He reaffirmed that Russia's portfolio of arms export orders currently totals about $52 billion.

"The export volume for the next three years — from 2016 to 2018 — is expected to stay at $15 billion annually," Punchuk said.

Earlier this week, he said that Russia is expected to sell about $15 billion worth in weaponry, both in 2016 and 2017.