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Kalashnikov Records Five-Folds Increase In Firearm Sales in Asia

November 3, 2015 @ 02:21 PM

In 2015, Kalashnikov had increased supplies of firearms by nearly nine times in absolute terms and fivefold in cash terms over 2014 in Asia. “We have been able to come back and strengthen cooperation with Asia-Pacific nations

Afghanistan Seeks Russian Artillery And Mi-35 Helicopters To Fight Insurgency

October 26, 2015 @ 12:15 PM

Afghanistan has turned to Moscow with a request to supply artillery small arms and Mi-35 helicopters to fight insurgents. Afghan President Ashraf Ghani has asked for help from Russia after the US led NATO troops were pulled out of Afghanistan and also cut financial aid to the nation, Wall Street Journal...

Czech Republic To Buy Thousands Of Assault Rifles, Armored Vehicles

October 20, 2015 @ 12:34 PM

The Czech military is aiming to buy thousands of new BREN assault rifles, Phantom pistols, one Iveco APC wheeled vehicle and 56 Tatra lorries to deploy within NATO and also to curb insurgency. The Czech cabinet approved the decision Monday

US Army To Test Counter Defilade Engagement System Next Year

October 17, 2015 @ 02:16 PM

The US Army will begin acceptance testing of ‘smart grenade launcher, XM25 Counter Defilade Engagement System early next year. The XM25 is designed to be an "anti-defilade" weapon and its purpose is to allow soldiers to hit targets shielded by cover

Larsen & Toubro Is Finalist In India's $750-Million Artillery Project

September 30, 2015 @ 12:46 PM

Larsen & Toubro have emerged as the finalist for a $750-million contract to supply 100 K9 Vajra-T howitzer self-propelled artillery guns to the Indian Army. L&T in partnership with Samsung pitched the 155 mm artillery guns

Colt Defense, FN America To Provide M4 Carbines For US Army

September 28, 2015 @ 03:04 PM

Colt Defense and FN America have won a $212 million contract to provide M4 and M4A1 carbines to the US Army. The contract runs through Sept

South Korean K-11 Dual Barrel Assault Rifle Upgrade To Complete By 2016

July 29, 2015 @ 11:21 AM

South Korea will complete major upgrade on its indigenous K-11 dual-barrel air burst rifle by 2016 year end. The use of the assault rifle by the army was suspended last year due to a glitch in the shooting control system

India Approves $2.6 Billion Replacement of Air Defence Guns

July 15, 2015 @ 10:57 AM

The Indian Defense Acquisition Council (DAC) has approved an INR 16,900 Crore (US $2.6 billion) proposal to acquire an initial 428 air defense guns to replace Swedish-made L-70 and Zu-23mm artillery guns for the Indian Army

Ukraine Records Increase in Defence Exports During 2014

July 9, 2015 @ 02:01 PM

Ukraine exported over 27000 firearms to 19 countries in 2014, over two thirds of them to the US and Canada. According to a report by the Ukrainian State Export Control Service on international shipments of certain types of weaponry in 2014, Canada exported 10,400 rifles, the US 10, 166 rifles, the Czech republic 5,000 rifles, Uganda 3,000 rifles and Georgia 100 rifles

Indian Army To Issue RFI For Assault Rifles To Replace INSAS

July 7, 2015 @ 11:34 AM

The Indian Army is likely to issue a new RFI (Request for Information) for a new single caliber assault rifle to replace its INSAS rifle after it scrapped a four-year-old tender for purchasing 1.8 lakh multi-caliber weapons

Locally Made Kalashnikov AK-47s On Sale In US

July 1, 2015 @ 12:34 PM

The first American made Kalashnikov AK-47s are being sold by the former sole official importer of the Russian rifles in US, Russian Weapons Company (RWC). The Pennsylvania based Gun Company (now Kalashnikov USA) made an announcement Tuesday that it has started selling the first American-made Kalashnikov AK-47s, UPI reported

Small Arms Maker Colt Files For Bankruptcy, Receives Buyout Offer

June 19, 2015 @ 12:19 PM

US based Firearms manufacturer Colt has filed for bankruptcy after it failed to garner support of bondholders for a debt reshaping agreement, the company said in a statement last Sunday. "Colt plans to try to reduce its $355 million debt burden via a court-supervised auction of its business, to generate proceeds to repay some of its lenders," Wall Street Journal reported Monday, 15, June 2015

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