Russia’s Kalashnikov will be acquiring a 33% stake in the Novosibirsk-based Institute of Applied Physics.
Kalashnikov will acquire the stake from the Kurganpribor holding, which manufactures a wide variety of civilian and military products, the company announced Tuesday.
The investment by Kalashnikov into the company would permit both organizations to increase their exposure to the Russian Ministry of Defence, as well as develop new weapons systems, the management of Kurganpribor and the Institute of Applied Physics said.
The institute's general director, Alexei Baryshev, said that the company would begin working with Kalashnikov on systems for fast naval boats.
Russia has denied an accusation by a top US general that Russia violated an arms control treaty with US by deploying a land-based cruise missile system. "Russia has been, remains and will continue to be committed to all its international obligations, including those resulting from the Intermediate Nuclear Forces Treaty," Kremlin spokesman Dmitry Peskov said
India will sign the final research and development contract with Russia for the fifth-generation fighter aircraft only if there is full-scale transfer of technology and added benefits. The decision has been taken at the highest levels in order to not repeat the mistakes of the entire Su-30MKI jet acquisition program from Russia that cost 55,717 crore to India without any tangible help in developing indigenous fighter-manufacturing capabilities,”
Russian Antey Project 949A submarines will receive Kalibr missile systems as part of an upgrade project, Russian media reports. The submarines are currently armed with P-700 Granit cruise missiles and other anti-ship, anti-submarine weapons
India's Defense Ministry has cleared $4-billion worth Krivak class frigate deal that was signed during Russian President Vladimir Putin visit to the country in October 2016. The Indian government has instructed its shipyards to start working on the project,
The ‘Russian Knights aerobatic team will operate new Su-30SM fighters at the LIMA17 exhibition in Malaysia starting this month. The flights in Malaysia will be the world premiere of the "Russian Knights" flying the new Su-30SM supermaneuverable multirole fighters
The Kalashnikov Concern is likely to begin serial production of a new combat module using NeuroNet by next year, TASS reports. NeuroNet is an artificial neural networks, which allows the module to identify targets, learn and make decisions on its own
Russia's Kalashnikov Group has launched serial production of Russias advanced ZALA 421-16E2 unmanned reconnaissance and surveillance aircraft that features noiseless flight mode. “The companys order book for ZALA 421-16E2 complexes has been formed for this year,” the company announced Tuesday on its website
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