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The Decline of the Russian Arms Industry: A Catastrophic Shift in Global Power Dynamics

The Russian arms industry has long held the reputation of being one of the most formidable in the world. Renowned for iconic products such as the AK-47 assault rifle, T-90 tank, MiG-29 fighter jet, and the S-400 air defense system, Russia's military technology was historically seen as a reliable, cost-effective alternative to expensive Western equipment. For years, Russian arms exports flourished, generating over $8 billion annually, bolstering the nation's military research and development, and maintaining its global presence.