Tactical Missiles Corporation Is among the First Five Defence Manufacturers in Russia
OREANDA-NEWS. June 01, 2007. Summing up the results of 2006, the Center of Analysis of Strategies and Technologies (CAST), an independent analyst in the field of arms exports, announced the rating of the largest defence manufacturers in Russia, reported the press-centre of Tactical Missiles Corporation.
Having enhanced its standing in the Russian military-industrial complex, Tactical Missiles Corporation was the fifth in 2006 (which is two points higher than in 2005 and four points higher than in 2004).
According to the CAST experts, in 2006 revenue growth of the first 20 Russian defence companies reached 11,1 per cent (in some cases, even 30-50 per cent). It means that stagnation of the defence industry has given way to real growth.
Home market share of the first 20 defence companies amounted to invariable 37 per cent. At the same time Russian defence industry is still export-oriented.
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