Wednesday, November 15, 2023
Russian defense industry powers through sanctions as its weapons dominate in Ukraine
Despite the March data published by the Swedish SIPRI which claims that the US share of global arms exports rose from 33% to 40%, while Russia's supposedly fell from 22% to 16% during the 2013-17 and 2018-22 period, respectively, the portfolio of orders of Rosoboronexport is stable and currently stands at over four trillion rubles (roughly $45-50 billion).