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
The National Assembly, Venezuela's opposition plans to revise arms deals with Russia, Gustavo Tarre Briceno, the country's Special Representative to the Organization of American States (OAS) said at the Washington-based Center for Strategic and International Studies. National Assembly is planning to revise value of Russian contracts on weapons supplies as well as relations with Moscow in general, TASS quoted Briceno as saying Wednesday
An inter-governmental agreement (IGA) to explore the possibility of setting up a joint venture (JV) for manufacturing the latest Russian Kalashnikov AK-103 assault rifles in India could be a part of the slew of agreement expected to be signed during President Putins visit to India today. The AK103 is the third generation of the Kalashnikov assault rifles, an upgrade of the popular AK47 and AKM rifles of Russian origin
Russias state-owned Rosoboronexport has offered to set up a facility in India to produce modern weapons and future Kalashnikov's designs, during an Indian delegations industrial visit to Izhevsk-based Kalashnikov Group this week. “We are ready to help India construct a facility similar to what the Mr
BAE Unveils RAVEN Countermeasure System for Military Vehicles
China’s Domestically Built Aircraft Carrier on Eighth Sea Trial
Hyundai Heavy to Design Amphibious Assault Ship For S Korean Navy
GD Unveils Prototype of Stryker A1 IM-SHORAD, Stryker A1 MCWs Ready for...
Russian S-300s, S-400s Fail to Detect Israeli F-35s Flying Over Syria: Reports...
New GJ-11 Stealth Combat Drone with Flying Wing Design takes part in...
China to Deploy Sharp Sword Stealth Drone on Type-001A Carrier by Year-end...
USAF Develops "Thor" Electromagnetic Weapon to Hammer Enemy Drones
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...