Weapons exporters – Russia is losing its rating – UNIAN
The general increase in income from the sale of weapons from Russian state-owned arms companies is simply logical against the backdrop of the insane expenditures of the Russian Federation on the war and weapons to wage it. But despite the fact that according to the SIPRI rating, which the Stockholm Peace Research Institute published on December 2 based on the income of the world's defense companies, Rostec (about 700 defense enterprises of the Russian Federation – not the entire Russian military-industrial complex, but a significant part of it) took seventh position, the Russian Federation is definitely no longer the world’s second special exporter.
If you look at the numbers, Russia initially budgeted more than $45 billion for all military expenditures in 2022, $112 billion in 2023, and $145 billion in 2024. A share of these budget expenditures in the form of arms contracts will turn into Rostec income. Therefore, in a year it is quite possible to expect…