BUSINESSWEEK ONLINE : JUNE 14, 1999 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS

The Sorry State of Russia's Defense Industry


-- Arms exports, almost half from aircraft, fell to $2.9 billion last year, down 26% since 1996

-- Military R&D spending is only a fraction of what it was before the Soviet Union collapsed in 1991

-- Short on government and export orders, Russia's 1,700 semiprivatized defense companies need to consolidate to survive


DATA: BUSINESS WEEK


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TABLE: The Sorry State of Russia's Defense Industry



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