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On the painful humiliation of Vladimir Putin

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a-nalgin.livejournal.com

3 min

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And again - out of the blue ! Moreover, when ... Just at the moment when the whole country in a single impulse is preparing for the historic press conference of the current Russian President Vladimir Putin, where it is necessary to show all kinds of achievements, to get such a humiliating surprise . In the very sphere that remained almost the only source of pride for patriotic Russians.

One word - adversaries. There is nothing sacred for them!

According to fresh data from the Stockholm International Peace Research Institute (SIPRI), the largest Russian companies are losing their positions in the global arms and equipment supply market. At the end of 2019, only two of them entered the top 25 largest arms suppliers in the world, occupying a total of 3.9% of global sales, despite the fact that the demand for weapons in the world is growing, and total supplies over the past year increased by 8 , 5% , to 361 billion dollars. A year earlier, three Russian companies were in the top 25 with a total share of 8.6% .

Concern Almaz-Antey, which produces, among other things, the S-300, S-400 and S-500 units, as well as the Buk air defense missile system, lost 2% of sales. With a total revenue of $ 9.47 billion , the largest Russian developer of air defense and missile defense systems fell from 12th to 15th place in the SIPRI rating. The United Shipbuilding Corporation lost 4% of its revenue and dropped to last place in the top 25 with arms sales worth $ 4.5 billion . But the main headache for the Russian military-industrial complex is aircraft construction. Sales of military aircraft of the United Aircraft Corporation in 2019 collapsed by $ 1.3 billion , or 23%... As a result, USC, which last year ranked 17th in the list of the world's largest suppliers, dropped out of the top 25, earning $ 4.19 billion in a year.In comparison with 2017, the decline in military equipment sales for the largest Russian companies reached 35% .

Western analysts point out that the US # sanctions against the Russian defense industry significantly affect the financial results . All companies that have lost their positions are included in certain sanctions lists, which limits their ability to trade weapons for dollars and euros. We have to trick : sometimes settlements are used in the local currency of the buying country, sometimes, as in the case of Indonesia, barter.

Naturally, Russian experts amicably disagree with SIPRI's assessments. They say, they say, the Swedes underestimate the results. It's a strange thing, but when the same institute, using the same methodology, published information about the growth of export deliveries of Russian arms by leading companies, there were no complaints about the calculations. However, then Russia calmly traded with the world for dollars. But now, according to the State Department at the beginning of 2019, the # USA managed to block 20% of Rosoboronexport's transactions totaling $ 3 billion .

Another aspect is trading on credit . For example, at the end of 2018, accounts receivable on the balance sheet of Rosoboronexport, including debt for supplied but unpaid weapons, reached 812.9 billion rubles. or $ 13 billion in terms of the then exchange rate. This is comparable to the annual volume of Russian arms exports (about $ 15 billion ). According to sources, "this story still contains money that was actually paid, but was stuck in the banks due to the fact that they fell under the sanctions and cannot be pulled out." Perhaps SIPRI takes this point into account as well.

In any case, the value of Russian arms exports is not growing, remaining in the range of $ 13-15 billion since 2014, when the first sanctions were imposed on the country. Taking into account the growth of the world market, the decline in shares is more than natural. Although it is easier for defense advisers to shout about humiliation, rather than admit global geopolitical mistakes.

Meanwhile, the Russian military-industrial complex - the sacred cow , and of pride for Vladimir # Putin and his sympathizers . His external successes seem to justify internal problems: "but we are making rockets" © and "do not make our Iskandars laugh."

And how will the humiliated president be justified now?

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