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Russia sold record $15 bn worth of arms in 2012

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Moscow, Jan 23: Russia sold a record $15.16 billion worth of weaponry in 2012 to countries including India, Myanmar, Vietnam, Venezuela and in the Middle East, a federal military agency has said."The volume of arms

russia sold record 15 bn worth of arms in 2012
russia sold record 15 bn worth of arms in 2012 Image Source : INDIATV


Algeria refused delivery of a batch of MiG-29 fighters in 2007 claiming they were of "inferior quality".



Russia's traditionally strong position on the Indian arms market has been recently undermined by failures to fulfill or properly execute several contracts, including the long-delayed delivery of overhauled aircraft carrier Vikramaditya to the Indian Navy.

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