Новый Век

Forwarded from Khazar Dictionary

Russian Arms Sales Declining

According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.

Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.

Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:

USA - $285bln, +1.9%
China – $66.8bln, +1.5%
Europe – $109bln
Britain – $37.5bln, +6.2%
Germany – $8.9bln, +1.3%
Russia – $26.4bln, -6.5%.

According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.

Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.

www.group-telegram.com/cn/Wek_ru.com/12747

25.4K viewsDec 9, 2021 at 08:56

Russian Arms Sales Declining

According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.

Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.

Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:

USA - $285bln, +1.9%
China – $66.8bln, +1.5%
Europe – $109bln
Britain – $37.5bln, +6.2%
Germany – $8.9bln, +1.3%
Russia – $26.4bln, -6.5%.

According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.

Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.

BY Новый Век