Booming business: Russia's Syria operation nets arms dealers billions
March 29, 2016 - Uncategorized
Business is booming for Russia’s weapons manufacturers after the country showcased its military might in the course of a five-month long campaign in Syria.
While Russia’s stated mission in Syria was to fight terrorism, in reality the twin goals appear to have been to prop up the regime of Syrian President Bashar al-Assad while testing new military technologies.
In a visit to a new state-owned arms manufacturing plant on Tuesday, President Vladimir Putin boasted about the commercial fruits of the Syria involvement. He said that the export of Russian military products totaled a better-than-expected $14.5 billion in 2015, adding that the total portfolio of foreign orders looks set to top $56 billion, according to statements released by the Kremlin. Read more…