Moscow. September 1. INTERFAX-Revenue from the export of weapons and the production of civilian products allows Rostec to cover losses from low profitability when fulfilling the state defense order, said the head of the state corporation Sergey Chemezov.
"Our profitability is low. Just a defense order from us... unfortunately, the profitability is either zero, and sometimes minus. That is, we are closing losses through the production of civilian products and through exports, "Chemezov said during the" New Knowledge " marathon.
"Our exports, of course, give a very good profit. Rosoboronexport sells very efficiently, "the head of Rostec said.
Rosoboronexport (part of Rostec) is the only state organization in Russia for the export/import of the entire range of military and dual-use products, services and technologies.
On August 23, the head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov said that last year Russia increased the volume of arms supplies abroad and retained the second place in the world in military exports. The total volume of deliveries through military-technical cooperation in 2020 amounted to $15.6 billion.
According to the general director of Rosoboronexport, Alexander Mikheev, in 2021, the Russian Federation delivered $5.2 billion worth of weapons abroad, signed contracts for $8.6 billion.
"Deliveries are made to 61 countries, the order portfolio today is $52.1 billion," Mikheev said on August 23.
