SU-30K: Export star (Photo from Defense Industry Daily)Russian Arms Exports Taking Another Jump
In 2008 -- Defense Industry Daily
In 2008 -- Defense Industry Daily
The collapse of the Soviet Union triggered a twin collapse for Russia’s vast arms industries. On the one hand, revelation of the state’s bankruptcy collapsed domestic arms spending. As a follow-up punch, it also collapsed aid-financed exports to dependent Soviet client states. Russia’s arms industry has been clawing its way back ever since. During the 1990s, China effectively replaced Russia as the industry’s core domestic market, underwriting the R&D base and creating a springboard for further exports.
“Russian Arms Exports Rose to $5.78B in 2004” began to chronicle that comeback. In late 2005, “Russian Defense Industry Exports Stabilizing at $6B/Year, But Structure May Change” looked at some of the adjustments being made to Russia’s export sales arrangements, even as its industry was consolidated. In September 2008, “Russia’s Military Spending Jumping – But Can Its Industry?” looked at the challenges facing a sector that has lost most of its engineers, and now faces strong civilian competition for talent.
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My Comment: The Russian Arms industry is going to grow by leaps and bounds .... there is too much money involved in this business, and Russia has ascertained that it is necessary for its own defense.