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
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 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
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
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
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
Heckler & Koch (HK) has admitted to using Germanys counter-intelligence service, MAD to spy into negative press coverage on G36 assault rifles amid possible takeover in 2013, German media reported. According to the reports, the German Defense Minister Ursula von der Leyen had asked to investigate the links between officials from the Defense Ministry and HK
The Indian Defense Acquisition Council during a meeting on Wednesday is likely to discuss BrahMos supersonic cruise missile systems for the Indian Navy, BAEs M777 Ultra-Light Howitzers for the Army and Avro replacement program. The government is likely to pave the way for six new BrahMos supersonic cruise missile systems with 89 missiles for the Indian Navy for an approximate US $421 million (INR 2700 crore)
Russian Kalashnikov Concern claims that new upgraded version of its AK-74 assault rifle allows 1.5 times combat effectiveness at a distance of up to 300 meters in different climatic conditions than the earlier version
Bolivia has received five offers for its fighter aircraft requirement to re-equip the armed forces, which requires a purchase of 20 fighter jets as well as 40,000 rifles, EL Deber Bolivian News daily reported Monday. “Bolivia has received five offers, but it does not mean we will be selecting among them
Lebanon has received the first shipment of a mix of French land, sea and air equipment including armored vehicles, heavy artillery, anti-tank missiles, and mortar and assault weapons worth $3 billion on Monday, Reuters reported. The Saudi-funded deal to provide Lebanon with French weapons is underway as the first shipment arrived at the Beirut International airport
Indian private companies, Bharat Forge, ABG Shipyard, Pipavav Defense and Offshore Engineering Company will now be able to set up defense and explosive manufacturing units. An inter-ministerial committee chaired by Secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant on Wednesday cleared most of 144 proposals for setting up manufacturing units that included defense and explosive sectors
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