press release
Rosoboronexport, a company of Rostec Corporation, is taking part in the First Azerbaijan international defence industry exhibition ADEX 2014 held on September 11-13 in the Expo Centre of Baku. ADEX 2014 is the first demonstration of modern weapons and vehicles in the state and the Caucasus. Over 150 companies from thirty countries will demonstrate their military products at this forum.
"Participation of Rosoboronexport in debut weapons and vehicles exhibitions has become a good tradition, - says Esen Topoev, head of the Rosoboronexport delegation at ADEX 2014. – The exhibition welcomes delegations from all the continents. And it is a great opportunity to demonstrate the best modern Russian weapons, increase the number of the foreign partners, continue strengthening of military and technical cooperation between Russia, Azerbaijan and other countries".
The display of Rosoboronexport is located in Pavilion 1 at stand № 1310. Modern Russian aviation, combat vessels and boats, armoured vehicles, rocket and artillery systems, close combat weapons and ammunition, key AD means and some training systems are exhibited in the form of mock-ups, booklets and multimedia presentations.
At the static display of the Russian exposition participants and guests of the exhibition will familiarize with a full-scale models of the Ka-52 combat reconnaissance and attack helicopter, the BMPT-72 fire support vehicle and the Msta-S self-propelled howitzer.
During the business program of the exhibition negotiations between the delegation and foreign partners of Rosoboronexport, leading international manufacturers of weapons and military equipment participating in the joint projects with Russia are scheduled. These mutually rewarding projects are implemented both for the benefit of the Russian Armed Forces and security agencies of the third parties.
JSC Rosboronexport, part of the Rostec State Corporation, is Russia’s sole state intermediary agency responsible for import/export of the full range of defense and dual-use products, technologies and services. The company ranks among the leaders in the global arms market. It accounts for over 80% of Russian arms exports. Rosoboronexport cooperates with more than 700 enterprises and organizations of Russia’s defense industrial complex. It maintains military-technical cooperation between Russia and more than 70 countries. In 2013 Rosoboronexport delivered weapons and equipment worth of $13.2 bln to the customers. Currently the order portfolio of Rosoboronexport accounts to about $38 bln.
Rostec State Corporation is the Russian corporation established in 2007 to promote the development, production and export of high-technology industrial civil and military goods. It comprises 663 enterprises which currently form 9 holdings in the defense industrial complex and 5 holdings in civil industries. Rostec’s enterprises are located in 60 regions of Russia and serve the markets of over 70 countries. In 2013, its revenue was 1.04 trillion rubles, net profit – 40 billion rubles and tax payments to the budgets of all levels exceeded 138 billion rubles.