Russian defence industry increases the export of armament by 11% for 2011 0712112.

“The figures will rise by about $1 billion compared to 2010,” said Viktor Komardin, who is also heading a Russian delegation to the LIMA-2011 arms show in Malaysia.

He also said that the company had struck $9.5-billion worth of contracts last year. “This year we have signed more,” Komardin said.

Rosoboronexport’s contract portfolio totals $36 billion at the moment, with about 1,500 deals signed every year, he said.