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    Monday, April 12, 2010 | 10:33 PM | 0 Comments

    Russian firm joins world's Top 20 arms producers


    Russia's Almaz-Antei company has moved to 18th place on the global list of Top 100 defense firms compiled by a respected Swedish think tank.

    According to the SIPRI Yearbook 2010, released by the Stockholm International Peace Research Institute, Almaz-Antei sold $4.3 billion-worth of weaponry in 2008.

    Almaz-Antei is one of Russia's largest air defense manufacturers, specializing in production of small, medium and long-range air defense systems, including the S-300 Favorit and S-400 Triumf systems.

    The S-400 Triumf (SA-21 Growler) is designed to intercept and effectively engage airborne targets including stealth aircraft, and cruise and ballistic missiles at ranges of up to 3,500 kilometers (2,200 miles) and speeds of up to 4.8 kilometers (3 miles) a second.

    Almaz Antei has recently announced that it is currently developing six new types of air defense/missile defense systems, including the fifth-generation S-500 air defense complex, which is expected to enter production in 2012.

    The SIPRI Yearbook includes reports detailing research into international security, armaments and disarmament, major armed conflicts and multilateral peacekeeping operations, and is highly valued and respected by military experts worldwide.

    From: RIA

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