Research background: The global arms markets are constantly fiercely competitive. Over the past period, new important trends have emerged in these markets, and the role of some countries is changing. This requires analytical reflection in order to assess the prospects for Russian arms exports. The authors have repeatedly addressed the topic of Russian arms exports and the place of Russia in the global arms and military equipment trade markets.

Purpose of the article: The main purpose of the study is to analyze the current state of the global AME markets in individual segments, compare the positions of its main participants and assess the prospects for Russia's presence in these markets in the future.

Methods: Generalizations of the research are based on the processing and systematization of data obtained from available information sources. By analyzing the statistics, the authors were able to deduce the trends of the current moment and determine the prospects.

Findings & Value added: Analysis of the positions of individual "players" in these markets and the trends identified allowed the authors to make an educated guess about how events might develop in the future. Despite all the changes taking place in the global arms and military equipment markets, Russia has good prospects for maintaining and strengthening its positions in certain areas.