Czech Firm, RSBC Group Acquires Austrian STEYR ARMS

April 25, 2024 @ 06:41 AM

RSBC Investment Group has completed the acquisition of STEYR ARMS, the Austrian firearm manufacturer, on April 23. RSBC Group has acquired 100% ownership of STEYR ARMS from its previous owner, SMH Holding GmbH

BAE Systems Selects Hanwha USA to Modernize Building at Redford Ammunition Plant

April 19, 2024 @ 07:40 AM

BAE Systems Ordnance Systems Inc. (OSI) has chosen Hanwha Defense USA (HDUSA) to upgrade an existing production building at the Radford Army Ammunition Plant

MoU Signed to Set up Rheinmetall Ammunition Factory in Lithuania

April 17, 2024 @ 08:04 AM

Lithuanian institutions and the German company Rheinmetall signed a Memorandum of Understanding for the construction of an ammunition factory in Lithuania. The signatories included Minister of Economy and Innovation Aušrinė Armonaitė, Minister of National Defence Laurynas Kasčiūnas, and Maximilian Froch from Rheinmetall AG

Swedish Armed Forces to Procure fine Calibre Ammunition from Nammo, Norma

March 18, 2024 @ 05:01 PM

The Swedish Defense Materiel Administration, FMV, has signed a contract with Nammo Sweden AB and Norma Precision AB to procure fine caliber ammunition. This means that deliveries of fine caliber ammunition are secured for the needs of the Armed Forces during the years 2024–2025

Poland Orders $1.24 Billion Carl-Gustaf Weapons from Saab; To Open New Carl-Gustaf...

March 5, 2024 @ 03:21 AM

Saab on Monday signed a contract with the Polish Ministry of Defence for delivery of the Carl-Gustaf M4 weapon, ammunition and training equipment. The order value corresponds to SEK 12

Ukroboronprom to Assemble NATO-Standard Czech BREN 2 Assault Rifles in Ukraine

February 23, 2024 @ 09:49 AM

Ukraine's state-owned Ukroboronprom has announced plans to assemble Czech BREN 2 assault rifles at its facilities. The Minister of Strategic Industries, Oleksandr Kamyshin, reported that the joint-stock company "Ukrainian Defense Industry" has reached an agreement with the Czech company Česká zbrojovka for the transfer of the license

Israeli Military Initiates Major Tender for Locally-Manufactured Assault Rifles Amidst Gaza Offensive

February 20, 2024 @ 07:59 AM

Facing a significant shortage of personal weapons during the ongoing Gaza offensive, the Israeli military has declared its intention to issue a substantial tender for the purchase of "tens of thousands" of locally-made assault rifles. This marks the largest tender initiated by the Ministry of Defense for 'blue and white' weapons, part of a strategic effort to address immediate needs and reduce dependence on imported armaments

Saab Secures €63M Order for AT4 Anti-Armour Weapon from NATO Support and...

February 6, 2024 @ 05:44 AM

Saab has been awarded an order for its anti-armour weapon, the AT4, by the NATO Support and Procurement Agency (NSPA). The order, valued at approximately €63 million (SEK 700 million), is slated for delivery between 2026 and 2027

South Korean Army Deploys All-New Sniper Rifle

December 28, 2023 @ 08:20 AM

South Koreas Defense Acquisition Program Administration (DAPA), led by Director Eom Dong-hwan, declared the deployment of the 12.7mm sniper rifle aimed at enhancing the long-range precision strike capabilities of the Army and Marine Corps

First Lot of India-produced AK-203 Assault Rifles Undergoing Tests

November 14, 2023 @ 01:46 PM

The first batch of Kalashnikov AK-203 assault rifles, manufactured through the collaborative efforts of the Russian-Indian IRRPL joint venture, is presently undergoing testing. This information was divulged by Director Dmitry Shugayev of the Federal Service for Military-Technical Cooperation to TASS during the Dubai Airshow

Freebies Over; Ukraine Signs Deal to Buy Small Arms from French Firm

November 7, 2023 @ 08:42 AM

Ukraine has officially signed a deal worth $36 million with French firearms manufacturer Verney-Carron S.A