Kalashnikov To Acquire 33 Perc Stake In Rocket Firm
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 Refuses Nuclear Arms Violations With US
India To Sign FGFA Deal With Russia Only If Full-Scale Technology Transfer...
Russian Antey Submarines To Receive Kalibr Missile System
India Clears $4 Billion Krivak Class Frigate Deal Signed With Russia
Russian T-62M Tank Withstands 13 Drone Attacks
Raytheon, Ursa Major Test Long-Range Rocket Motor for U.S. Army
Brazil Expands Firefighting Capacity with New Equipment for KC-390 Aircraft
German Government Approves Expansion of 212CD Submarine Program with Norway
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...