News Articles Directory Video/Pictures Events Reports
         Feedback
 Advertise
 RSS feed
 


News  

Aviation accounts for about 50% of Russia’s export order portfolio

Russian Aviaton » Wednesday July 21, 2021 11:10 MSK
© Alexey Kondratov / AVIA.RU

The share of aviation in Russia’s portfolio of export orders for military products stands at about 50%, Director of Russia’s Federal Service for Military and Technical Cooperation Dmitry Shugayev told reporters at the MAKS-2021 international air show.

"Aviation has always been our priority - about 50% in 2020. In previous years, this figure was slightly lower - 48% or 47%. As for the order portfolio, which is worth more than $50 bln, we highlight that the aviation component is nearing 50%," he noted.

According to Shugayev, new contracts for the delivery of military aircraft may be inked this year. "I hope that [new] contracts will be signed this year, possibly, at MAKS-2021. All efforts will be made to ensure that this niche is not lost," he stressed.