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Reuters
Reuters
Business
Chris Kirkham and David Gauthier-Villars

Special Report-Dozens of Russian weapons tycoons have faced no Western sanctions

FILE PHOTO: Remains of a missile are seen near a rail station, amid Russia's invasion of Ukraine, in Kramatorsk, Ukraine April 8, 2022. The writing reads: "Because of children". REUTERS/Stringer/File Photo

As Russia's military continues to pound Ukraine with missiles and other lethal weapons, Western nations have responded in part by targeting Russia's defense industry with sanctions. The latest round came on Tuesday, when the United States issued new sanctions on some arms makers and executives at the heart of what it dubbed Russian President Vladimir Putin's "war machine."

But a Reuters examination of companies, executives and investors underpinning Russia's defense sector shows a sizable number of players have yet to pay a price: Nearly three dozen leaders of Russian weapons firms and at least 14 defense companies have not been sanctioned by the United States, the European Union or the United Kingdom. In addition, sanctions on Russia's arms makers and tycoons have been applied inconsistently by these NATO allies, with some governments levying penalties and others not, the Reuters review showed.

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