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Not long ago, the Russian arms export industry was prestigious and profitable. Now, deep into the war with Ukraine, it is facing substantial challenges. This video examines how the arms export industry works, both economically and politically. It then connects the actions of the invasion to the pain points Russia is currently facing. We also explore how two competitors in the industry---the United States and China---are trying to take advantage of the situation.

0:00 Challenges for Russia's Arms Industry
1:50 Arms Exports as Policy Influence
9:01 The Virtuous Cycle of Arms Exports
12:19 Russia's Problems: Bad Results and Economic Instability
18:31 Problems Offering Financing
19:57 What's the Damage to Russia?
23:49 How the U.S. Is Taking Advantage
25:21 How China Is Taking Advantage

The appearance of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.

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By Ukraine Ministry of Defense:
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