The list of top arms producers in 2022 has been released by the Stockholm International Peace Research Institute “SIPRI”. In this list, Rostec State Corporation of Russia is on the 10th position.
Rostec State Corporation was founded on June 23, 2007. Its headquarter is in Moscow, the capital of Russia. Rostec Corporation employs up to five hundred thousand people. It is founded by Vladimir Putin and owned by the Federal Agency for State Property Management. Manufactured products of this corporation are supplied to more than 70 countries.
According to SIPRI, Rostec Corporation’s arms revenue was $16.8 billion in 2022. With this amount, Rostec Corporation ranked 10th among Top 100 arms Producers.
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