According to the respected Defense News, Tactical Missiles Corporation JSC ranked 37th in the annual Top 100 rating of the world’s largest military manufacturers in 2015.
The Defense News analytics state that the Corporation’s revenue by the end of 2015 equaled $2.39 bn, which is 11.2% bigger that in 2014. While in rubles the Corporation’s revenue grew by 36.2%, reaching more than 160bn rubles.
Therefore, joint revenue of the seven Russian enterprises from Top-100 declined from $24 bn in 2014 to $18.8 bn in 2015 because of the ruble weakening against the dollar. While in rubles the enterprises’ revenue grew by more than 25% on average.
The rating includes several other Russian companies as well: Almaz-Antey, United Aircraft Corporation, Vertolety Rossii, KRET, Uralvagonzavod and RTI.