Russia Defense Ministry to Sign $15.5bln Worth of Contracts at Army Forum

TEHRAN (defapress) – The Russian Defense Ministry is planning to sign 39 contracts worth a total of 1.2 trillion rubles ($15.5 billion) at the Army-2020 military forum, Defense Minister Sergei Shoigu said Monday.

News ID: 81861

Date: 24 August 2020 - 13:05

"We are expecting to sign 39 contracts, and the total will be almost 1.160 trillion rubles," Shoigu said as aired on Zvezda broadcaster, Sputnik reported.

The forum held in a Moscow suburb of Kubinka began on Sunday and will run through Saturday.

The sixth international defense industry forum ARMY-2020, organized by the Russian Defense Ministry, presents state-of-the-art weaponry and military hardware.

Russia has hosted the international defense industry event annually since 2015.