Russia has secured its place among the world’s top five arms exporters, President Vladimir Putin announced, citing a $55 billion export order portfolio and deals with over 30 countries. Speaking at a military cooperation meeting, Putin urged expanding services beyond equipment—like repairs, tech collaborations, and training. With 2024 exports covering 12.32% of the global market, second only to the US, Russia is targeting growth through innovation and strategic partnerships. Rosoboronexport and Rostec are already reporting billions in fresh contracts, as Moscow intensifies efforts in the competitive global defense arena.

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