Tuesday, July 28, 2015

Matthew Bodner — Russian Defense Industry Revenues Soar Despite Western Sanctions


Replacement for exporting natural resources?
Russia's major defense industry enterprises shrugged off Western sanctions and a Russian economic slowdown to grow their revenues rapidly in 2014, according to a new global ranking. 
The Defense News Top 100 ranking is published annually and ranks the world's top arms makers by revenue. Russian firms bucked a global downward trend in defense revenues thanks to an expansion of military spending by the Russian government and increasing defense exports, which reached new highs in 2014.
The Moscow Times
Russian Defense Industry Revenues Soar Despite Western Sanctions
Matthew Bodner

1 comment:

Ryan Harris said...

At least weapons aren't as bad for the environment, climate change, and all that jazz.