10:09 19.08.2017

Ukroboronprom exports $345 mln worth of weapons in H1, 2017

1 min read
Ukroboronprom exports $345 mln worth of weapons in H1, 2017

The Ukrainian state concern Ukroboronprom exported weapons and special- and dual-purpose services to the tune of $345 million in the first half of 2017, the company said on its website on Friday.

The company did not say how this compares with the same period in 2016.

The portfolio of export orders by July 1, 2017 is estimated at $2.37 billion, according to data.

The company's exports of arms and special- and dual-purpose services in 2016 totaled $769.5 million, up by 28% on 2015, according to data.

Forecasts earlier this year expected an increase of at least 15% in Ukroboronprom's 2017 exports.

Today Ukroboronprom, which was founded in 2010, comprises over 130 Ukrainian defense enterprises, including Ukrspecexport and its subsidiaries.

The volume of arms export contracts signed by Ukroboronprom in 2014-2016 is estimated at $3.8 billion, the state concern said earlier.

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