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Russian State Arms Dealer Says Orders Surged to Record: Interfax

(Bloomberg) -- Russian arms seller Rosoboronexport signed a number of new contracts worth more than $12 billion last year, Interfax reported, citing the head of the state corporation, Alexander Mikheev.

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Rosoboronexport’s order book amounted to more than $55 billion as of end-2023, a record high in the company’s 23-year history, Mikheev was quoted as saying in Riyadh, where he’s attending the World Defense Show 2024 arms expo.

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