Last year, Russian defense export agency Rosoboronexport (Hall 1 Stand B13) achieved a new post-Soviet-period record for export of military hardware totaling $6.2 billion. Its previous record of $5.3 billion was established in 2006, a significant rise over $3 billion worth of sales in 2000.
The MiG company denied a Russian newspaper report that Algeria wants to return 15 MiG-29 fighters that were supplied in late 2006. Algeria halted deliveries of a further planned 21 aircraft, the report said. The matter was expected to be discussed in a meeting between the Algerian and Russian presidents in Moscow this week. The deal to supply the jets was sealed in March 2006 as part of a debt-cancellation plan.