Rosoboronexport spoke about joint weapons production projects

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MOSCOW, March 28 Rosoboronexport has recently successfully completed more than 10 joint projects for the production of weapons with foreign countries, another 10 are being implemented today, the general director of ROE said Alexander Mikheev at a meeting of the committee for the development of foreign trade activities in relation to military products.
Rosoboronexport has recently successfully implemented more than 10 large technological projects for the joint production of products for various types of armed forces, another 10 are currently being implemented. The company’s plans include promising projects in the Asia-Pacific region, the Middle East, Africa, Latin America and the CIS countries,” the ROE press service quotes Mikheev.
According to the forecasts of the Russian special exporter, by 2030 technology contracts will account for 40% of the global arms market, which is twice as much as current figures.

«To operate effectively in this fast-growing segment, Rosoboronexport is moving to a new business model focused on interaction with commercial enterprises,» Mikheev emphasized.