Rosoboronexport’s order portfolio exceeds $65 bln — CEO

MOSCOW, October 9. /TASS/. The order portfolio of Russia's state defense exporter Rosoboronexport (part of the Rostec State Corporation) has surpassed $65 billion, CEO Alexander Mikheev announced Friday during a meeting with Vladimir Gutenev, First Deputy Chairman of the Russian Engineering Union.

"Rosoboronexport’s order portfolio currently exceeds $65 billion, comprising over 800 active contracts to supply a wide range of military products to foreign partners," Mikheev said, as quoted by the company’s press service. "Furthermore, around 20 technological cooperation projects are underway, and more than 100 additional projects are being discussed with customers from countries friendly to Russia."

The CEO noted that 280 Russian defense enterprises are directly involved in executing these foreign trade contracts, with the total number exceeding tens of thousands when factoring in broader industrial cooperation.