Kalashnikov boosted production by 40% last year as Russia kept buying weapons to use in Ukraine | Business Insider

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Kalashnikov boosted production by 40% last year as Russia kept buying weapons to use in Ukraine

Natalia Kolesnikova/Getty ImagesThe company boosted production by 40% last year compared with 2021.For more stories,Kalashnikov posted bumper sales last year after Vladimir Putin's invasion of Ukraine led to the"largest contracts" in its history, according to aThe arms-maker that makes the AK-47 and is officially called JSC Kalashnikov Concern boosted production last year by 40% in comparison with 2021 to hit a 20-year high.

Kalashnikov said it fulfilled 45"state defence orders" for the Russian armed forces and signed 24"military-technical cooperation agreements" in 2022. The company also adapted its weapons to cater for the Russian army's needs. It modified the AK-12 rifle, which is used by Russian troops in Ukraine, to speed up firing and give soldiers more control over firing modes,Sales are expected to keep rising this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines