Russian President Vladimir Putin attends the inauguration of World Diamond Conference in New Delhi December 11, 2014. REUTERS/Ahmad Masood
STOCKHOLM (Reuters) - Russian arms makers' sales soared 20 percent in 2013, bucking a slowdown in other countries' industries, largely thanks to a Kremlin push to modernise its military, the SIPRI think tank said on Monday.
Russia's figures were strong enough to slow a three-year decline in global arms sales caused mainly by Washington's withdrawal from Iraq and Afghanistan and the economic crisis in Europe, SIPRI researcher Siemon Wezeman said.
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