Russian Kalashnikov plant in Venezuela will start full-fledged licensed production of AK-103 assault rifles by the end of 2019. The plant is planned to manufacture about 25,000 assault rifles annually.
‘The plant will begin its work by the end of next year,” Venezuelan Defense Minister Vladimir Padrino Lopez was quoted as saying by Tass after talks with his Russian counterpart Sergie Shoigu Tuesday.
"We constantly monitor the construction works. It should be noted that this plant is of strategic importance for Venezuela’s independence and its armed forces," Vladimir Padrino Lopez said.
Venezuela’s Vice-President for Economics and Finance, Castro Soteldo, earlier told the media the plant was expected to achieve capacity operation in 2018.
The plant that will assemble Kalashnikov assault rifles is being built under the contract signed in July 2006. Venezuelan specialists are expected to launch the full-fledged licensed production of the AK-103 assault rifle and the plant is planned to manufacture about 25,000 assault rifles annually.
Besides, the ammunition production plant will manufacture more than 50 million rounds per year. Russian Deputy Prime Minister Dmitry Rogozin said in December 2016 that the plants would start working to full capacity in 2019.
Russias Defense Ministry has ordered an undisclosed number of Kalashnikovs newest RPK-16 machine guns under an agreement signed with the Kalashnikov Concern, TASS reports Tuesday. When asked if such a contract had been signed, Kalashnikov Concern CEO Alexey Krivoruchko answered in the affirmative, the report says
Russias Defense Ministry has accepted new Kalashnikov AK-12 and AK-15 assault rifles for service, local media reports. "A decision has been made on the AK-12 and the AK-15
Israel Weapon Industries (IWI) has launched the 7.62X51mm caliber TAVOR 7, a competitor to the hugely popular Kalashnikov AK series of assault rifles which fire the heavy 7
The US Statement Department on Thursday turned over a list containing over a dozen Russian-defense and intelligence entities to Congress for implementation of new sanctions against Moscow. The
Russia on Wednesday donated military equipment and trucks to the Philippines in a handover ceremony held in the port of Manila, on board the Russian Pacific Fleets large antisubmarine warfare ship Admiral Panteleyev. The transfer of military products includes 20 units of multi-purpose vehicles, 5,000 units of AK-74M Kalashnikov assault rifles, 1 million units of ammunition and 5,000 units of steel helmets
Despite opposition from Moscow, Ukraine's Ukroboronprom has decided to pitch for Indian contracts for the supply of components and repair of Russian-origin aircraft of the Indian Air Force, Director General Pavlo Bukin told Defenseworld.net in an interview.
Segments such as Network Centric Warfare, Radars, Weapon systems, Electronic Warfare & Avionics, Military Communications and Electro Optics are likely to drive the Companys growth in the future, says M V Gowtama, Chairman & Managing Director, Bharat Electronics Limited (BEL).
Yuri Slyusar, recently appointed President of Irkut Corporation, Russia commented on the structural changes in his organization and the impact this would have on future of the corporation and on important products of Russian aviation manufactured at the Irkutsk Aviation...
Russia, Armenia Agree on Integrated Regional Air Defense System for Collective Security
Orbital ATK Christens New Large-class Rocket 'OmegA', Initial Flights in 2021
Boeing not to Bid for Next Production of 22 GPS 3 Satellites
Indian Government to Create Defense Planning Committee
Philippines Orders $45 Million Command and Control System From Harris Corp
Ilyushin Offers IL-114-300 As Alternative to AN-24/AN-26 Turbo-prop Aircraft
French Safran to Help Develop Engine for India’s LCA?
Oshkosh Wins Missile Transporters Contract from Qatar, Kuwait
One of the most interesting exhibits at the Dubai Air show 2017 occupies a corner in the Aviation Industries Corporation...
While investigators in India are following up on the money trial in the AgustaWestland VVIP helicopter scandal, the leads as...
With over 451 submarines in service worldwide, the global market of submarines fleet is expected to surge up to $100...
Amid the proliferation of real-time data from sources such as mobile devices, web, social media, sensors, log files and transactional...
Helmets for pilots and ground troops do much more than stopping bullets
As the role of Unmanned Aerial Vehicles (UAVs) expands from traditional low-resolution reconnaissance to high-res video and infra-red besides precision-attack,...