russian defense

The defense industry of Russia is a strategically important sector and a large employer in Russia. It is also a significant player in the global arms market, with Russian Federation being the second largest conventional arms exporter after the United States, with $13.5 billion worth of exports in 2012. Combined, the US and Russia account for 57% of all major weapons exports.The Russian government has announced its intention to restructure the debts of Russian military-industrial complex in the amount of 750 billion rubles, half of this amount will be written off, Deputy Prime Minister, Yuri Borisov said on Thursday, speaking at a board of the Ministry of Industry and Trade of Tatarstan.President Vladimir Putin considers the Syrian Civil War to be a good platform for advertisement of the capabilities of Russian weapons capable of boosting Russia's military sales.

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