This year, plans are in place to increase the supply of electronic warfare and radar systems for land, air, and naval use
KRET presented the results of its work to fulfill state defense orders in the past year and its plans to implement those for 2015. The estimated production volume is worth more than 70 billion rubles. This year, plans are in place to increase the supply of electronic warfare and radar systems for land, air, and naval use.
As part of state defense orders for 2014, KRET provided the Ministry of Defense with Krasukha multifunctional interference systems; the compact and mobile Garmon radar; and the Rtut multifunctional interference station.
In addition, KRET presented the Russian Army with Rychag-AV helicopter systems, the Khibiny aircraft electronic countermeasures system, the Vitebsk system for individual aircraft protection, and other resources for naval defense.
During the past year, KRET also supplied avionics for aircraft, helicopters, drones, and simulators.
As CEO Nikolai Kolesov noted, in 2014 KRET delivered very strong results, as state defense orders were fulfilled on time. The amount of R&D work was twice as much as 2013.
Notably, KRET enterprises fulfilled all state defense orders for 2014. Revenues from the export of military, civil, and dual-purpose products amounted to more than 29.9 billion rubles. KRET's aggregate net profit for 2014 amounted to 8.2 billion rubles, exceeding the 2013 profit by 11%.
Source: KRET has supplied the army with military technology worth 70 billion rubles
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