India rejects NYT report on HAL's Russia link, calls it 'factually incorrect and misleading'
Tuesday, 1 April 2025 A recent New York Times report alleged that HAL redirected sensitive British technology -valued at $2 million and sourced from HR Smith Group-into the hands of Russia's sanctioned arms agency, Rosoboronexport, with subsequent shipments worth over $14 million between 2023 and 2024.
Russia has secured its place among the world’s top five arms exporters, President Vladimir Putin announced, citing a $55 billion export order portfolio and deals with over 30 countries. Speaking at a military cooperation meeting, Putin urged expanding services beyond equipment—like repairs, tech collaborations, and training. With 2024 exports covering 12.32% of the global market, second only to the US, Russia is targeting growth through innovation and strategic partnerships. Rosoboronexport and Rostec are already reporting billions in fresh contracts, as Moscow intensifies efforts in the competitive global defense arena.
#RussiaArmsExports #Putin #MilitaryDeals #GlobalArmsMarket #DefenseIndustry #Rosoboronexport #Rostec #WeaponsTrade #RussianMilitary #ArmsExport #DefenseContracts #TopExporters #RussiaDefense #PutinSpeech #CAWAT #MilitaryTech #GlobalWeaponsMarket #ModernWeapons #ArmsIndustry #Russia2024
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In a highly secretive meeting, Vladimir Putin met Trump’s close envoy Steve Witkoff in St. Petersburg, marking their third encounter since February. Talks reportedly focused on ending the Ukraine war..