Support The Moscow Times!

Russia Overtakes U.K. as World's Second-Largest Arms Producer, Report Says

Sergei Vedyashkin / Moskva News Agency

Russia has emerged as the world's second-largest arms producer after the United States, according to a new report released by the Stockholm International Peace Research Institute (SIPRI).

Russia's state arms seller Rosoboronexport last month said that it sold $19 billion worth of weapons in 2018, including the high profile $5.4 billion arms sale of five S-400 missile systems to India.

Ten Russian companies were listed in the world’s top 100 arms producing companies In SIPRI’s annual report published Monday.

Taken together, the arms sales of the companies increased by 8.5 per cent in 2017 to $37.7 billion, making Russia the second largest arms producer in 2017 — a position that had been occupied by the United Kingdom since 2002. 

“Russian companies have experienced significant growth in their arms sales since 2011,” Siemon Wezeman, a senior researcher at SIPRI, was cited as saying in a press release.

“This is in line with Russia’s increased spending on arms procurement to modernize its armed forces,” he added. 

SIPRI has released its annual Arms Industry Database report since 1989.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more