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Showing posts from December 2, 2014

Russian Arms Maker Kalashnikov Looks at Potential Sales in 50 Countries

Russia's Kalashnikov Concern has identified 50 countries as potential priority buyers of its weapons by 2020. The company hopes that the present rebranding will boost its competitiveness in global arms industry.

© Sputnik. Grigoriy Sisoev
Kalashnikov Concern Nearly Closes Sales Gap Due to Sanctions: Rostec CEOMOSCOW, December 2 (Sputnik) — Russia's largest small arms manufacturer, Kalashnikov Concern, has rolled out its new development strategy for between now and 2020 that includes looking for potential buyers in 50 different countries, the company's CEO Alexei Krivoruchko said Tuesday.

"Speaking about military products, we have identified 50 priority countries," Krivoruchko said at a historic conference that was hosted by the Russian state technologies corporation Rostec.

The event, held in the Russian capital, announced the company's rebranding to increase "a feeling of unity" between its separate production lines. Kalashnikov representatives point…