Rosoboronexport Presented 350 Russian Products at ARMY-2022 Forum

22.08.2022 Russia
Rosoboronexport Presented 350 Russian Products at ARMY-2022 Forum

Rosoboronexport Presented 350 Russian Products at ARMY-2022 Forum

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During the business program of the eighth ARMY-2022 International Military and Technical Forum, Rosoboronexport presented more than 200 products from Russian defense companies in six exhibit areas. The total area of the Rosoboronexport’s exhibit display was about 1,700 square meters.

“In 2022, Rosoboronexport has organized a rich business program on the sidelines of the Army Forum. We held more than 70 negotiations, during which we discussed various military-technical issues with representatives of 30 partner countries. We concluded several export contracts and also laid the groundwork for contracts worth more than $14.5 billion,” said Alexander Mikheev, Rosoboronexport CEO.

More details of signed contracts were not disclosed but according to information of the Interfax - Military News Agency, Rosoboronexport concluded two contracts at ARMY-2022 for a total amount of more than $390 million.

“The company made presentations of about 350 Russian products to the delegations of partners who came to the forum. They showed particular interest in the Su-57E fifth-generation fighter, T-14 Armata tank, Ka-52E attack helicopter, Tor-E2 SAM system, Kornet-E ATGM system, and the K-17 Boomerang wheeled infantry fighting vehicle,” Alrxander Mikheev added.

Russia adjusted its defense export operations to the US/EC sanctions, said Alexander Mikheev, Rosoboronexport CEO, at a briefing for the Media.

“The company succeeded to ship products worth $5.4 billion during the first half of the year to manage the same amount by the year end.  The obstacles being created by the Western sanctions were surpassed and the company order portfolio reached US$ 52.4 billion level,” Mikheev added. 

“There are problems, we do not hide, we solve these problems together with our partners,” he confirmed.

The Rosoboronexport CEO stressed the company “works and fulfills all obligations,” widely using payments in national currencies. “Today we work with Indian rupees, Chinese yuan, Russian rubles, and various other financial instruments. Therefore, all this more or less makes it possible for us to obtain payments for the delivered equipment,” Mikheev explained.

At the same time, he stated that the pressure of the collective West extends not only to the system of military-technical cooperation, but also to the civil sphere, the banking sector, insurance and logistics companies. “There are many different nuances, nevertheless we understand and have accepted these rules of the game, we are working and fulfilling all our obligations,” the head of Rosoboronexport stressed.

He also recalled the decisions taken in this area at the level of the President of the Russian Federation, the government and the Central Bank. Due to such actions, “we have a more flexible payment system,” Mikheev said.

Speaking about the prospects, he claimed Russia must develop high-precision weapons, weapons based on new physical principles, unmanned systems and network-centric command and control systems. Such conclusions have been made on the basis of an analysis of past conflicts, noted Mikheev. (Yury Laskin; Photo: Alexander Mikheev, Rosoboronexport CEO During Media Briefing at ARMY-2022 © Yury Laskin)




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